Help Save & Exit Peterson Company's petty cash fund was established on January 1 with $500. On January 31, a count of the fund revealed: $105 in cash remaining and vouchers for miscellaneous expenses totaling $400. If the entries to record the disbursements and to replenish the fund are combined, what effect will the resulting entry have on the elements of the financial statements? Stk. Stmt of Cash Assets -Liab. + Equity Rev. - Exp. Net Inc. Flows A. (400) NA (400) NA 400 (400) (395) OA B. (400) NA (400) NA 400 (400) (400) OA C. (500) NA (500) NA 500 (500) (500) FA D. (395) NA (395) NA 400 (395) (395) OA Multiple Choice C Option A Option 8 Option C ocr < Prev 11 of 15 277 Next >