(a) Identify the three activities that pertain to a petty cash fund, and indicate an internal control...

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(a) Identify the three activities that pertain to a petty cash fund, and indicate an internal control principle that is applicable to each activity.

(b) When are journal entries required in the operation of a petty cash fund?

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Financial Accounting Tools for business decision making

ISBN: 978-0470534779

6th Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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Question Posted: Sep 22, 2011 10:56 AM

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(a) Identify the three activities that pertain to a petty cash fund, and indicate an internal control...

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