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What would be the journal entry to establish a petty cash fund for $50? a.Debit Cash $50; Credit Cash $50 b. No entry is needed
What would be the journal entry to establish a petty cash fund for $50?
a.Debit Cash $50; Credit Cash $50 b. No entry is needed c. Debit Petty Cash $50; Credit Cash $50 d. Debit Cash $50; Credit Petty Cash $50
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