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A company has a petty cash fund amount of $ 400$400. When replenished, it has petty cash tickets of $ 30$30 for gas expense, $
A company has a petty cash fund amount of
$ 400$400.
When replenished, it has petty cash tickets of
$ 30$30
for gas expense,
$ 33$33
for postage expense,
$ 16$16
for supplies expense, and
$ 9$9
for miscellaneous expenses. Assume the cash balance is not over or short. In the journal entry, Cash would be credited for ________.
A.
$ 88$88
B.
$ 72$72
C.
$ 63$63
D.
$ 79
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