At the end of the month,employees have made the following expenditures from the petty cash fund and with company-issued credit cards.None of these transactions has been recorded previously.Accounting for these employee purchases would include a: Supplies (pett cash)
Delivery petty cash
Advertising (credit card)
Equipment (credit card)
A) Credit to Petty Cash for $125.
B) Debit to Accounts Payable for $5,300.
C) Credit to Cash for $1,225.
Correct Answer:
Verified
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