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Styles 5) A way to account for petty cash by maintaining a constant balance in the petty cash account and which at any time requires

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Styles 5) A way to account for petty cash by maintaining a constant balance in the petty cash account and which at any time requires that cash plus petty cash tickets must total the amount allocated to the petty cash fund, is known as the A) voucher system B) imprest system C) balanced system D) control system 6) Which of the following would be included in the entry to record the replenishment of a petty cash fund? A) a credit to Cash B) a credit to Petty Cash C) a debit to Accounts Receivable D) a credit to Miscellaneous Expense MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question 7) When a check is issued, the party being paid the cash is referred to as the A) depositor B) maker payee D) bank signatory 8) When a check is issued, the party who is paying the cash is referred to as the A) maker B) depositor C) payee D) bank signatory 9) Which of the following statements is correct? A) A bank statement must be mailed to customers each month. B) A bank statement is a document from the bank that reports the activity in the customer's account. C) Physical copies of canceled checks must be included in the monthly bank statement. D) The bank statement does not include an ending balance of the customer's account because the bank cannot determine which checks have been cashed during the statement period

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