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The correct journal entry to establish the petty cash fund is: Question 6 options: a) DR Petty cash asset; CR Bank b) DR Petty cash

The correct journal entry to establish the petty cash fund is:

Question 6 options:

a)

DR Petty cash asset; CR Bank

b)

DR Petty cash asset; CR Petty cash expenses

c)

DR Petty cash expenses; CR Bank

d)

DR Bank; CR Petty cash asset

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