If the petty cash fund is too large, the Petty Cash Fund account should be increased.

Name: If the petty cash fund is too large, the Petty Cash Fund account should be increased.
Brand: Quizplus
Rating: 4.9 (56 reviews)

Question

Quizplus · Accepted Answer

If the petty cash fund is too large, the Petty Cash Fund account should be decreased, not increased. This can be done by withdrawing excess cash from the petty cash fund and depositing it back into the bank account or used to pay outstanding expenses.

If the Petty Cash Fund Is Too Large, the Petty