Acompany set- up a petty cash fund with $800. the disbursements are as follows:

office supplies- $300

shipping- 50

postage- 30

delivery expense- $350

to replenish the petty cash fund, the journal entry would include ?

a. credit cash and debit postage

b. credit petty cash and debit cash

c. debit petty cash and credit cash

d. debit postage and credit cash

As sales exceed the break‑even point, a high contribution‑margin percentage (a) increases profits faster than does a low contribution-margin percentage (b) increases profits at the same rate as a low contribution-margin percentage (c) decreases profits at the same rate as a low contribution-margin percentage (d) increases profits slower than does a low contribution-margin percentage