Question: A company plans to decrease a $200 petty cash fund to $75. The current balance in the account includes $35 in receipts and $165 in

A company plans to decrease a $200 petty cash fund to $75. The current balance in the account includes $35 in receipts and $165 in currency. The entry to reduce the size of the petty cash fund will include a:

a. credit to Cash for $90.

b. debit to Petty Cash for $75.

c. debit to Petty Cash for $35.

d.debit to Cash for $90.

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