On a bank reconciliation,interest income would be added to the balance per bank.
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Q49: A petty cash fund is established for
Q50: It is usually a good business practice
Q51: When a petty cash fund is replenished,the
Q52: Merchandising companies do not need as good
Q53: When a petty cash fund is established,the
Q55: Cash equivalents are usually listed as short-term
Q56: An effective system of internal control centralizes
Q57: When the balance of a petty cash
Q58: The materiality concept dictates that no internal
Q59: When a petty cash fund is replenished,the
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