Brown Co. decides to increase the amount in its petty cash fund from 100 to $150. To show this increase in the petty cash account, you would:
a. debit Cash for $50.
b. credit Cash for $150.
d. debit Petty Cash for $150.
d. debit Petty Cash for $50.
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Home » Business » Brown Co. decides to increase the amount in its petty cash fund from 100 to $150. To show this increase in the petty cash account, you would: a. debit Cash for $50. b. credit Cash for $150. d. debit Petty Cash for $150. d. debit Petty Cash for $50.