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A petty cash fund was established with a $500 balance. It currently has cash of $15 and petty cash tickets as shown below: Travel
A petty cash fund was established with a $500 balance. It currently has cash of $15 and petty cash tickets as shown below: Travel expense Office supplies expense Equipment rental expense $120 315 50 Which of the following would be the journal entry to replenish the Petty Cash account? OA. debit Cash $15; credit various expenses $15 OB. credit Petty Cash $485; debit Cash $485 C. debit various expenses $485; credit Cash $485 D. debit various expenses $485; credit Petty Cash $485
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