How much should the original amount of the petty cash fund equal? Question content area bottom Part 1 A. The total payments made during the day. B. The cash received plus the cash in the petty cash box. C. The sum of the petty cash on hand and the paid petty cash vouchers. D. The cash on hand at the end of the day.

The auxiliary petty cash record is posted to the ledger daily. Question content area bottom Part 1 True False

The Auxiliary Petty Cash Record is a required financial statement under GAAP. Question content area bottom Part 1 True False

f the petty cash fund is always full of cash, the float amount should be increased. Question content area bottom Part 1 True False