A petty cash fund was established with a $400 balance. It currently has cash of $10 and petty cash tickets as shown below. The journal entry to replenish the account would be which of the following?
A) debit various expenses $390, credit Cash $390
B) debit various expenses $390, credit Petty Cash $390
C) debit Cash $10, credit various expenses $10
D) credit Petty Cash $390, debit Cash $390
Correct Answer:
Verified
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