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Homework answers / question archive / Which account would we debit to open a new petty cash fund?  O cash O petty cash O miscellaneous expense O petty cash expense   

Which account would we debit to open a new petty cash fund?  O cash O petty cash O miscellaneous expense O petty cash expense   

Accounting

Which account would we debit to open a new petty cash fund? 
O cash O petty cash O miscellaneous expense O petty cash expense 
 

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The correct option is 2nd "Petty Cash".

Explanation

Petty cash account would be debited to open a new petty cash fund.

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