Hastings Company replenished a $500 petty cash fund. The petty cash box contained vouchers of $87 for postage, $173 for supplies, $58 for gasoline, and cash on hand of $182. The journal entry to reflect replenishment would include:
a. debits to expense of $318
b. a debit to Cash for $318
c. a credit to Petty Cash for $318
d. a credit to Cash or $182
Answer : b. a debit to Cash for $318
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