At the time a $400 petty cash fund is being replenished, the company's accountant finds vouchers totaling $350 and petty cash of $50. The vouchers include: postage, $100; business lunches, $150; delivery fees, $75; and office supplies, $25. Which of the following is not recorded when recognizing expenditures from the petty cash fund?
A) Debit Postage Expense, $100.
B) Debit Supplies, $25.
C) Credit Cash, $350.
D) Debit Cash, $350.
Answer: Debit Cash, $350.
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Accounting
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