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Question 17 2 pts The imprest system would include (click all that apply) Record petty cash account closing entries Establish the fund Credit the Petty
Question 17 2 pts The imprest system would include (click all that apply) Record petty cash account closing entries Establish the fund Credit the Petty Cash account and debit Income Summary Replenish the fund Make payments to the fund Question 18 2 pts When the petty cash fund is replenished, a. the expenses incurred impact the Liabilities account b. the expenses incurred impact the Owner's Equity account c. the expenses incurred impact the Assets account d. none of the above
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