A petty cash fund with a $200 limit had receipts of $152 and cash (coin and currency)

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A petty cash fund with a $200 limit had receipts of $152 and cash (coin and currency) of $43. Explain the status of the fund.

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Hospitality Management Accounting

ISBN: 9780471687894

9th Edition

Authors: Martin G Jagels, Catherine E Ralston

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Question Posted: Jun 21, 2024 09:00 AM

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A petty cash fund with a $200 limit had receipts of $152 and cash (coin and currency)

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Hospitality Management Accounting

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