The data of Graham Brothers Corp. for two years are given below. 2018 2019 Cash and cash equivalents $5,000 $12,100 Total current liabilities 21,000 34.000 Based on the above information, which of the following statements is true? O A. Cash ratio has increased from 0.02 in 2018 to 0.03 in 2019 O B. Cash ratio has increased from 0.05 in 2018 to 0.08 in 2019 O C. Cash ratio has increased from 0.238 in 2018 to 0.356 in 2019. OD. Cash ratio has increased from 0.356 in 2018 to 0.238 in 2019. The petty cash fund has a current balance of $350, which is the established fund balance. Based on activity in the fund, it is determined that the balance needs to be changed to $400. Which journal entry is needed to make this change? Calculator LOA Debit the Petty Cash account and credit the Cash account for 550. OB. Debit the Potty Cash account and credit the Cash account for $400. Standard OC. No journal entry is needed because this change only involves cash OD. Debit the Cash account and credit the Petty Cash account for 550