in 7 A company writes a check to replenish a $100 petty cash fund when the fund contains receipts of $94 and $4 in cash. In recording the check, the company should: ed out of Select one: a. credit Petty Cash for $2. ag question b. debit Petty Cash for $94. C. credit Cash for $94. d. debit Cash Over and Short for $2. 8 Equipment was purchased for $85,000 on January 1, 2016. Freight charges amounted to $3,500 and there was a cost of $10,000 for building a foundation and installing the equipment. It is estimated that the equipment will have a $15,000 salvage value at the end of its 5-year useful life. What is the amount of accumulated depreciation at December 31, 2017, if the straight-line method of depreciation is used? out of question Select one: a. $28,600 b. $14,300 C. $16,700 d. $33,400