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On January 1 , 2 0 1 9 , Optiplex Company established a petty cash fund of $ 1 , 0 0 0 . During

On January 1,2019, Optiplex Company established a petty cash fund of $1,000. During January, the following expenses were incurred:
Delivery Expense: $360
Telephone Expense: $120
Beverages Expense: $100
Electricity expense: $300
Miscellaneous Expense: $100
Remaining cash on hand at end of January: $14
The entry to replenish the petty cash fund at end of January includes:
Multiple Choice
Credit petty cash $986
Credit cash $980
Debit cash $980
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