The original amount of the petty cash fund should equal

Name: The original amount of the petty cash fund should equal
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The original amount of the petty cash fund should equal the sum of the petty cash on hand and the paid petty cash vouchers, as these vouchers represent cash expenditures from the fund that need to be reimbursed to maintain the fund at its original amount. The other choices are not relevant to calculating the original amount of the petty cash fund.

The Original Amount of the Petty Cash Fund Should Equal