The entry necessary to establish a petty cash fund should include:?

A. a debit to Cash and a credit to Petty Cash


B. a debit to Cash and a credit to Cash Over and Short


C. a debit to Petty Cash and a credit to Cash


D. a debit to Petty Cash and a credit to Accounts Receivable


E. a debit to Cash and a credit to Petty Cash Over and Short|||C. a debit to Petty Cash and a credit to Cash.





Assets have a debit balance so you take money out of Cash with a credit and put it into Petty Cash with a debit.





Do you own homework.