Which of the following is true? A) The Petty Cash account is debited when the...
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Accounting
Which of the following is true? A) The Petty Cash account is debited when the fund is replenished B) The Petty Cash account is credited when the fund is replenished C) Entries are made to the Petty Cash account only to increase or decrease the size of the fund or to adjust the balance if not replenished at year-end D) Access to petty cash need not be limited to the petty cash custodian
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