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A Petty Cash Fund Was Established with a $250 Balance

question 142

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A petty cash fund was established with a $250 balance.It currently has cash of $40 and petty cash tickets as follows: Office expense $150 and Entertainment Expense $75.Which of the following would be included in the journal entry to replenish the Petty Cash fund?

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Definitions:

Bottom-up Processing

An approach whereby the brain processes information from specific features to higher-level concepts, beginning with sensory input.

Sole Basis

The single or only reason for a decision, action, or conclusion without consideration of alternative factors.

Thought Processes

The mental operations involved in the perception, understanding, and reasoning which underlie a person's ability to think and make decisions.

Language-like

Pertaining to structures, sequences, or processes that resemble or mimic aspects of linguistic ability, such as syntax and semantics, without being actual language.

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