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On December 1, a petty cash fund was established in the amount of $100. As of December 31, the fund holds $20 in cash and

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On December 1, a petty cash fund was established in the amount of $100. As of December 31, the fund holds $20 in cash and $75 in petty cash tickets is the petty cash fund cash short of cash over, and by how much? Cash short by $5 Cash over by S5 Cash short by $20 Cash over by $20 QUESTION 31 Which adjustment to the bank reconciliation is being described? The company wote a check for $1,000 as payment for rent on the office buiding. The check has not cleared through the bank yet Deposit in transit Electronic funds transfer Nonsufficient funds (NSF) check Outstanding check

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