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Marjorie Company reported the following information in relation to imprest petty cash fund at year-end: The petty cash ledger account had a balance of P50,000.

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Marjorie Company reported the following information in relation to imprest petty cash fund at year-end: The petty cash ledger account had a balance of P50,000. What amount of petty cash fund should be reported at year-end? a. 42,000 b. 27,000 c. 37,000 d. 22,000

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