Henry Co Establishes a Petty Cash Fund of $150 $\quad\$ 150$

Henry Co. establishes a Petty Cash Fund of $150. The journal entry to establish the fund would be:

A)
Petty Cash Fund $\quad\$ 150$
Cash $\quad\$ 150$
B)
$\begin{array} { l l } \text { Cash } & \$ 150 \\\text { Petty Cash Fund } & \$ 150\end{array}$
C)
Supplies Expense $\quad\$ 150$
Cash $\quad\$ 150$
D) none of the answers listed.