Question: The Appleton entity established a $200 Petty Cash fund on June 1, 200x. On June 30, 200X the fund had $45 in cash and the
The Appleton entity established a $200 Petty Cash fund on June 1, 200x. On June 30, 200X the fund had $45 in cash and the following receipts: Delivery Expense $75, Office Supplies Expense $55, and Postage Expense $25. The entry to establish the fund on June 1, 200X is O A DR Petty Cash 200, CR Cash 200 O B. DR Cash 200, CR Petty Cash 200 C. DR Petty Cash 155. CR Cash 155 O D. DR Cash 155, CR Petty Cash 155
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