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MST3K Company Established a $50 Petty Cash Fund on July

Question 122

Multiple Choice

MST3K Company established a $50 petty cash fund on July 1. On July 30, the fund had $9 cash remaining and petty cash receipts for postage $13, office supplies $11, and deliveries $17. MST3K's 7/30 entry includes a


A) debit to Petty Cash, $41.
B) credit to Petty Cash, $41.
C) debit to Supplies Expense, $11.
D) debit to Delivery Expense, $17.

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