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Click to watch the Tell Me More Learning Objective 6 video and then answer the questions below. 1. A petty cash fund of $500
Click to watch the Tell Me More Learning Objective 6 video and then answer the questions below. 1. A petty cash fund of $500 is established on October 1. The entry to journalize this transaction is debit a. Petty Cash; Cash b. Cash; Petty Cash c. Petty Cash Expense; Cash d. Retained Earnings; Petty Cash 2. Replenishing the petty cash fund requires a a. debit; Cash b. credit; Cash c. debit; Petty Cash d. credit; Petty Cash to and credit
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