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2. The AaCo Company establishes a petty cash fund by writing a $500 check payable to Cash. To record the creation of the petty cash
2. The AaCo Company establishes a petty cash fund by writing a $500 check payable to "Cash." To record the creation of the petty cash fund, AaCo will .... A Debit Petty Cash Expense for $500 B. Debit Petty Cash for $500 Credit Petty Cash Expense for $500 Debit Cash for $500 None of the above moon
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