The entry to establish a $200.00 petty cash fund is
A) debit Petty Cash, $200. 00; credit Cash, $200. 00.
B) debit Petty Cash, $200. 00; credit Miscellaneous Expense, $200. 00.
C) debit Miscellaneous Expense, $200. 00; credit Cash, $200. 00.
D) debit Cash, $200. 00; credit Petty Cash, $200. 00.
Correct Answer:
Verified
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