The entry to establish a petty cash fund includes:
A. A debit to Cash and a credit to Cash Over and Short.
B. A debit to Cash and a credit to Petty Cash.
C. A debit to Cash and a credit to Petty Cash Over and Short.
D. A debit to Petty Cash and a credit to Accounts Receivable.
E. A debit to Petty Cash and a credit to Cash.
Answer: E
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