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Entity A maintains a petty cash fund. At any given point of time, the cash on hand and the petty cash vouchers must be equal

Entity A maintains a petty cash fund. At any given point of time, the cash on hand and the petty cash vouchers must be equal to the ledger balance of the petty cash fund. If these are not equal, the difference is either shortage or overage. This system of handling petty cash fund is called

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