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Assume that the Petty Cashier of a $400 petty cash fand has $60 in cash plus $340 in receipt at the end of the month.
Assume that the Petty Cashier of a $400 petty cash fand has $60 in cash plus $340 in receipt at the end of the month. The entry to replenish the Petty cash fund will include: a) A debit to cash for $60 b) A credit to cash for $60 c) A credit to cash for $340 d) A debit to cash for $340
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Cost Accounting A Managerial Emphasis 1
Authors: Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan
15th Edition
0133803813, 978-0133803815
