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Ace Hardware established a petty cash fund of $400. The first transaction was the purchase of stamps for $35. Which of the following statements are
Ace Hardware established a petty cash fund of $400. The first transaction was the purchase of stamps for $35. Which of the following statements are CORRECT? Question content area bottom Part 1 A. The amount of cash on hand and the cash voucher should be maintained in a cash box or other secure device. B. The petty cash custodian prepares a petty cash voucher to list the item purchased. C. The amount of cash on hand should equal $365. D. All of the statements are correct
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