Question

multiple select question
select all that apply
the following accounts are used as typical column headings on a petty cash analysis.
☐ miscellaneous expense credit
☐ delivery expense credit
☐ supplies credit
☐ miscellaneous expense debit
☐ delivery expense debit
☐ supplies debit
☐ accounts payable credit
☐ accounts payable debit

Explanation:

Petty cash analysis records reimbursements for small expenses. Expense accounts (miscellaneous, delivery, supplies) are debited when replenishing petty cash to recognize the costs, and accounts payable is credited if there are unpaid petty cash-related obligations. Credits to expense accounts or debits to accounts payable are not standard for petty cash analysis column headings.

Answer:

C. delivery expense debit
D. miscellaneous expense debit
F. supplies debit
G. accounts payable credit