The Petty Cash account should never be debited when the fund is replenished.
Correct Answer:
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Q96: A petty cash fund is set up:
A)
Q97: The replenishment of the petty cash fund
Q98: Which of the following transactions would most
Q99: Jim's Limousines' entry to establish a $160
Q100: The entry to replenish the petty cash
Q102: The petty cash overage was not recorded.
Q103: Indicate which effect(s) each situation will have:
-_
Q104: The normal balance of the Petty Cash
Q105: Indicate which effect(s) each situation will have:
-_
Q106: If the ending balance in the Cash
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