Question: LAI A company wants to decrease its $200.00 petty cash fund to $50.00. The entry to reduce the fund is 10 Multiple Choice O Debit

LAI A company wants to decrease its $200.00 petty cash fund to $50.00. The entry to reduce the fund is 10 Multiple Choice O Debit Petty Cash for $50,00debit Cash Over and Short 11.00. Credit Cash $200.00 O Debit Miscellaneous Expenses $12.00, credt Cash $19.00. Debit Cash Over and Short for $8.50, credit Pony Cash $8.50 O Debit to Cash $150.00, credit Petty Cash $150.00 O Debit Petty Cuh $13100, credit Ca 513100, NA 10 11

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