Red's Rentals entry to establish a $50 petty cash fund for the office would include a

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The entry to establish a $50 petty cash fund for the office would involve increasing the amount of cash available, so a credit to Cash for $50 would be necessary. The corresponding debit would be to the account or category that represents the intended use of the petty cash, such as Office Supplies, Office Expense, etc. However, since none of the options include this type of account or category, the best choice would be C, which is the only option that involves a credit to Cash.

Red's Rentals Entry to Establish a $50 Petty Cash Fund