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1. The balance of the Petty Cash Fund Account is only changed: a) when the fund is being reimbursed for payments made out of the

1. The balance of the Petty Cash Fund Account is only changed: a) when the fund is being reimbursed for payments made out of the fund b) at the end of the year when adjusting entries are made c) when the fund is increased or decreased in size d) if the company is purchased by a new owner e) none of the above

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