Question

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

Explanation:

Petty cash analysis tracks small cash disbursements. Expense accounts (miscellaneous, delivery) are debited when petty cash is used for them, and supplies (an asset) is debited when purchased with petty cash. Accounts Payable is for owed amounts, not petty cash outlays, so credit entries for it/supplies/expenses do not apply here.

Answer:

• miscellaneous expense debit
• supplies debit
• delivery expense debit