Spencer Co. decides to establish a petty cash fund with a beginning balance of $200. The company decides that any purchase under $25 can be processed through petty cash instead of the voucher system. The journal entry to record establishing the account is: Multiple Choice O Debit Petry Cash $200 and credit Cash $200. Debit Cash $200 and credit Petty Cash Over and Short $200 Debit Cash $200 and credit Cash Over and Short 5200 O Debit Petty Cash $200 Credit Cash $175: and credit Cash Over and Short 525 O Debit Cash $200 and credit Petty Cash $200