The Entry to Establish the Petty Cash Fund Is:
A) $\begin{array}{|l|}\hlineMiscellaneous ~Expense\\\hlinePetty ~Cash\\\hline\end{array}$

The entry to establish the petty cash fund is:

A) $\begin{array}{|l|}\hlineMiscellaneous ~Expense\\\hlinePetty ~Cash\\\hline\end{array}$
B)
$\begin{array}{|l|}\hlinePetty ~Cash\\\hlineCash ~in ~Bank\\\hline\end{array}$
C) $\begin{array}{|l|}\hlineMiscellaneous ~Expense\\\hlineCash ~in~ Bank\\\hline\end{array}$
D) $\begin{array}{|l|}\hlineCash ~in~ Bank\\\hlinePetty ~Cash\\\hline\end{array}$

Correct Answer:

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