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2. Identify the two events from the following that cause a Petty Cash account to be credited in a journal entry. (Single click the box

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2. Identify the two events from the following that cause a Petty Cash account to be credited in a journal entry. (Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer.) Fund amount is being reduced Answer is complete and correct. 2 Credit No Transaction General Journal Debit 230 1 1a Petty cash Cash 230 2 1b Entertainment expense Postage expense Printing expense Cash OOOO 42 29 27 99 2. Identify the two events from the following that cause a Petty Cash account to be credited in a journal entry. (Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer.) Fund amount is being reduced Fund amount is being increased Fund is being eliminated Fund is being established

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