A) B) C) D) The owner of Barnes Company established a petty cash fund...
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Accounting
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D)
The owner of Barnes Company established a petty cash fund amounting to $400. What is the effect on the financial statements of the entry to record this transaction? Stk. Equity neV. NA A. B. Assets NA (400) NA (400) Liab. NA NA NA (400) Rev. NA NA Exp. NA 400 NA NA Stmt of Cash Net Inc. Flows NA (400) OA (400) (400) OA NA NA (400) OA (400) NA NA CN NA D. NA
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