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The Entry to Replenish a $300 Petty Cash Fund,which Has

Question 102

Multiple Choice

The entry to replenish a $300 petty cash fund,which has cash of $140 and valid receipts for $148,would include:


A) a credit to Cash for $160.
B) a debit to Petty Cash for $160.
C) a credit to Cash for $148.
D) a credit to Petty Cash for $148.

Correct Answer:

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