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Which of the scenarios depicts the correct use of the petty

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Reference no: EM132699017

Problem 1: Which of the scenarios depicts the correct use of the Petty Cash account?

A- The warehouse manager asks for a personal loan until payday.

B- The office manager pays for Pizza with petty cash as a thank-you to the office staff for working.

C- the president uses petty cash to fill the company car with gas on his way to work?

D- The president pays his personal credit card bill with petty cash.

E- The office manager buys office supplies like coffee and sugar for break room.

Reference no: EM132699017

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