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On January 1, 2021, XYZ Company established a petty cash account in the amount of $1,000. At the end of January, petty cash vouchers totaled

On January 1, 2021, XYZ Company established a petty cash account in the amount of $1,000. At the end of January, petty cash vouchers totaled $670 and remaining cash in the petty cash was $310. The journal entry to record the replenishment of petty cash would include a:

A.

Credit individual expense accounts, $670.

B.

Credit - cash, $670.

C.
  1. Debit - cash over or short, $20.
D.

Debit - petty cash, $1,000.

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