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alon 17 et ered The petty cash fund has a current balance of $350, which is the established fund balance. Based on activity in the
alon 17 et ered The petty cash fund has a current balance of $350, which is the established fund balance. Based on activity in the fund, it is determined that the balance needs to be changed to $400. Which journal entry is needed to make this change? ed out of 8 ion Select one: O A. Debit the Petty Cash account and credit the Cash account for $400. B. Debit the Cash account and credit the Petty Cash account for $50. O C. Debit the Petty Cash account and credit the Cash account for $50. OD. No journal entry is needed because this change only involves cash
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