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Luna Company wants to increase the size of its petty cash fund from $100 to $260. The journal entry will be O debit Petty Cash

Luna Company wants to increase the size of its petty cash fund from $100 to $260. The journal entry will be O debit Petty Cash $260; credit Cash $260. O debit Cash $160; credit Petty Cash $160 O debit Petty Cash $160; credit Cash $160 O debit Cash $260; credit Petty Cash $260

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