Question
The entry to establish a petty cash fund includes: a debit to Cash and a credit to Petty Cash. a debit to Cash and a
The entry to establish a petty cash fund includes:
a debit to Cash and a credit to Petty Cash.
a debit to Cash and a credit to Cash Over and Short.
a debit to Petty Cash and a credit to Cash.
a debit to Petty Cash and a credit to Accounts Receivable.
a debit to Petty Cash and a credit to Petty Cash Payable.
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Explanation The entry to establish a petty cash fund is a debi...
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Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
22nd Edition
324401841, 978-0-324-6250, 0-324-62509-X, 978-0324401844
