Quiz Challenge

Kevin operates his petty cash with an imprest of $120. At the end of one particular week he had vouchers in the petty cash tin of $17.45, $32.16 and $21.94. In order to restore the petty cash balance what transaction should Kevin make?

• Dr Bank $48.45 Cr Petty cash $48.45
• Dr Bank $71.55 Cr Petty cash $71.55
• Dr Petty cash $71.55 Cr Bank $71.55
• Dr Petty cash $48.45 Cr Bank $48.45