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Assume that the Petty Cashier of a $400 petty cash fund has $60 in cash plus $340 in receipts at the end of the month.
Assume that the Petty Cashier of a $400 petty cash fund has $60 in cash plus $340 in receipts at the end of the month. The entry to replenish (reimburse) the petty cash fund will include: O A credit to Cash for $60 A debit to Cash for $340 A credit to Cash for $340 A debit to Cash for $60
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