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The petty cash fand has a current balance of S100, which is the established fund balance. Based on activity in the fund te determined at
The petty cash fand has a current balance of S100, which is the established fund balance. Based on activity in the fund te determined at me lance needs to be changed to So which pumat entry s needed to make change O A Debit the Cath account and credit the Petty Cath account for 1550 OB. Debit me Petty cash account and cut the Cash account for 500 OC. Debit the Poly Cash account and creat the Cash account for 5550 OD. No jumal entry is needed because this change only evolves cath
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