Question: Determine which of the statement ( s ) are correct concerning a Petty Cash fund? More than one answer may be correct. Multiple select question.
Determine which of the statements are correct concerning a Petty Cash fund? More than one answer may be correct.
Multiple select question.
A petty cash fund contains cash.
When a cash payment is made from the fund, the petty cash receipt is put in a separate file.
When a cash payment is made, the cashier signs a prenumbered petty cash receipt.
The amount of cash in the fund is included on the balance sheet.
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