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A company plans to decrease a $200 petty cash fund to $75. The current balance in the account includes $45 in receipts and $165 in
A company plans to decrease a $200 petty cash fund to $75. The current balance in the account includes $45 in receipts and $165 in currency. The entry to reduce the fund will include: Debit to Cash for $90 I am hoping someone could help me figure out the entire journal entry. It would be really helpful.Thanks
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Management Accounting And Strategic Human Resource Management
Authors: John Innes, Reza Kouhy
1st Edition
1859714862, 978-1859714867
