Question: Brown Industries plans to decrease a $380 petty cash fund to $165. The current balance in the account includes $125 in receipts and $345 in

Brown Industries plans to decrease a $380 petty cash fund to $165. The current balance in the account includes $125 in receipts and $345 in currency. The entry to reimburse and reduce the size of the petty cash fund will include

Multiple Choice

a. Credit to Cash for $190.

b. Debit to Cash for $190.

c. Debit to Petty Cash for $135.

d. Debit to Petty Cash for $175.

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