In April 30, Midwest Company established a petty cash fund of $1,000. On May 1, a disbursement of $355 was made from the fund for payment of elivery expense. What entry should be made on May 1 to record this disbursement? Multiple Choice Debit delivery expense and credit cash for \$355. Debit petty cash and credit cash for $355. Debit delivery expense and credit petty cash for $355. No entry is necessary on May 1. In April 30, Midwest Company established a petty cash fund of $1,000. On May 1, a disbursement of $355 was made from the fund for payment of elivery expense. What entry should be made on May 1 to record this disbursement? Multiple Choice Debit delivery expense and credit cash for \$355. Debit petty cash and credit cash for $355. Debit delivery expense and credit petty cash for $355. No entry is necessary on May 1