Question

10.

A company has a petty cash fund amount of $200. When replenished, it has petty

cash receipts of $15 for gas expense, $23 for postage expense, $18 for supplies expense

and $12 for miscellaneous expenses. In the journal entry, Cash would be credited for:

A) $68.

B) $132.

C) $200.

D) $42.