In establishing a petty cash fund, one of the following will be part of the journal entry
A. Credit to Petty Cash
B. Debit to Cash
C. Credit to Accounts Payable
D. None of the above
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
(Save $1 )
One time Pay
(Save $5 )
Billed Monthly
*First month only
You can see the logs in the Dashboard.