At the End of the Month,employees Have Made the Following $= \$ 50$

question 155

Multiple Choice

At the end of the month,employees have made the following expenditures from the petty cash fund and with company-issued credit cards.None of these transactions has been recorded previously.Accounting for these employee purchases would include a: Supplies (pett cash) $= \$ 50$
Delivery $($ petty cash $) = \$ 75$
Advertising (credit card) $= \$ 1,100$
Equipment (credit card) $= \$ 4,200$

• A)Credit to Petty Cash for $5,425.
• B)Credit to Accounts Payable for $5,300.
• C)Credit to Equipment for $4,200.

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