Dustin161717 Dustin161717

09-11-2022
Business

Answered

4.2.7 Quiz: Petty Cash
Question 2 of 10
A petty cash fund is established for $700. Which of the following is true?
A. The Petty Cash general ledger account will always equal $700.
B. The Petty Cash general ledger account will change as cash is
used.
C. The petty cash fund could be replenished for more than $700.
D. The petty cash fund could have vouchers totaling more than $700.

Answer :

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