Answered

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A petty cash fund is established for $700. Which of the following is true?
A. The petty cash fund could be replenished for more than $700.
B. The Petty Cash general ledger account will change as cash is
used.
C. The petty cash fund could have vouchers totaling more than $700.
D. The Petty Cash general ledger account will always equal $700.

Sagot :

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