Question
A company set-up a petty cash fund with $800. The disbursements are as follows: Office Supplies $300 Shipping 50 Postage 30 Delivery Expense $350 Answer
A company set-up a petty cash fund with $800. The disbursements are as follows:
Office Supplies
$300
Shipping
50
Postage
30
Delivery Expense
$350
Answer the question below based on the above information.
To create the fund, which account should be Debited?
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Intermediate Accounting
Authors: kieso, weygandt and warfield.
14th Edition
9780470587232, 470587288, 470587237, 978-0470587287
