Seatow Inc. has a petty cash fund of $2,500. (a) Since the petty cash fund is only

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Seatow Inc. has a petty cash fund of $2,500.
(a) Since the petty cash fund is only $2,500, should Seatow Inc. implement controls over petty cash?
(b) What controls, if any, could be used for the petty cash fund?

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Survey of Accounting

ISBN: 978-1133189121

6th edition

Authors: Carl S Warren

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