Question
K If the petty cash fund is not replenished on the balance sheet date: A. liabilities will be understated. B. cash will be understated.
K If the petty cash fund is not replenished on the balance sheet date: A. liabilities will be understated. B. cash will be understated. OC. cash and income will be overstated. OD. income will be understated.
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Financial and Managerial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
13th edition
1285866304, 978-1285866307
