Question: need answer ASAP & Exit Submit On July 1, 2021, Cromartie Furniture established a $150 petty cash fund. A check for $150 was made out

need answer ASAP

& Exit Submit On July 1, 2021, Cromartie Furniture established a $150 petty cash fund. A check for $150 was made out to the petty cash custodian. During July, the petty cash custodian paid the following bills from the petty cash fund: Office supplies Postage Delivery charges Bottled water Total $ 36 22 40 28 $126 At the end of July the petty cash fund was replenished. The journal entry to establish the petty cash fund includes: Multiple Choice A debit to petty cash and a credit to cash for $150. A credit to cash and a debit to various expenses for $126

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