Question 10

Brown Industries plans to decrease a $220 petty cash fund to $85. The current balance in the account includes $35 in receipts and $185 in currency. The entry to reimburse and reduce the size of the petty cash fund will include a: Multiple Choice credit to Cash for $100. debit to Petty Cash for $45. debit to Petty Cash for $85. debit to Cash for $100