Which of the following occurs when a company replenishes its petty cash fund?
A)Cash decreases
B)Petty cash decreases
C)Expenses decrease
D)Cash increases

Name: Which of the following occurs when a company replenishes its petty cash fund? A)Cash decreases B)Petty cash decreases C)Expenses decrease D)Cash increases
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Question

Quizplus · Accepted Answer

When a company replenishes its petty cash fund, it decreases cash because it is taking money from its main cash account to refill the petty cash fund.

Which of the Following Occurs When a Company Replenishes Its