On April 30, 2016, Midwest Company established a petty cash fund of $1,000. On May 1, 2016, a disbursement of $355 was made from the fund for payment of delivery expense. What entry should be made on May 1, 2016 to record this disbursement? Debit delivery expense, $355; credit cash, $355. Debit petty cash, $355; credit cash, $355. Debit delivery expense, $355; credit petty cash $355. No entry is necessary on May 1