Havermill Co. establishes a $290 petty cash fund on September 1. On September 30, the fund is replenished. The accumulated receipts on that date represent $77 for Office Supplies, $145 for merchandise inventory, and $26 for miscellaneous expenses. The fund has a balance of $42. On October 1, the accountant determines that the fund should be increased by $58. The journal entry to record the establishment of the fund on September 1 is:

Debit Petty Cash $290; credit Accounts Payable $290.

Debit Petty Cash $290; credit Cash $290.

Debit Miscellaneous Expense $290; credit Cash $290.

Debit Cash $290; credit Accounts Payable $290.

Debit Cash $290; credit Petty Cash $290.