A company set-up a petty cash fund with $800. The disbursements are as follows:
Office Supplies
$300
Shipping
50
Postage
30
Delivery Expense
$350
Answer the question below based on the above information.
To create the fund, which account should be credited?
Question 1 options:
Postage
Supplies
Petty Cash
Cash at Bank
+1
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Home » Business » A company set-up a petty cash fund with $800. The disbursements are as follows: Office Supplies $300 Shipping 50 Postage 30 Delivery Expense $350 Answer the question below based on the above information.