Question: A company plans to decrease a $330 petty cash fund to $140. The current balance in the account includes $100 in receipts and $295 in

A company plans to decrease a $330 petty cash fund to $140. The current balance in the account includes $100 in receipts and $295 in currency. The entry to reimburse and reduce the size of the petty cash fund will include a:

credit to Cash for $155.

debit to Petty Cash for $100.

debit to Cash for $155.

debit to Petty Cash for $140

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