Multiple Choice
A petty cash fund was established with a $350 balance. It currently has cash of $41 and petty cash tickets totaling $309. Which of the following would be included in the entry to replenish the fund?
A) a credit to Petty Cash for $309
B) a debit to Petty Cash for $41
C) a credit to Cash for $41
D) debits to various expenses for $309
Correct Answer:
Verified
Correct Answer:
Verified
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