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Find on march office supplies will be

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Reference no: EM132778407

Repairs had the following had the following petty cash transactions

  1. March 1. Established a petty cash fund with KD 100 balance.
  2. March 31. the petty cash fund had KD 14 in cash and 85 in petty cash tickets that were issued to pay for Office Supplies (KD 45) and Entertainment Expenses (KD 40). Replenished the Fund and recorded the expenses.
  3. April 1. increased the petty cash fund to KD 150.

Problem 1: On March 31 Office Supplies will be

Select one:

a. debit KD 85

b. debited KD 45

c. credit KD 45

d. debit KD 84

Reference no: EM132778407

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