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Sheffield Inc. maintains a petty cash fund with a balance of $115. A disbursement of $10 from the fund for postage is recorded as

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Sheffield Inc. maintains a petty cash fund with a balance of $115. A disbursement of $10 from the fund for postage is recorded as an expense in the accounting records Owhen the postage is used. O when the petty cash fund is replenished. O when the adjusting entries are prepared at year end. O at the time the cash is taken from the fund. Save for Later Attempts: 0 of 1 used Submit Acer

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