one: stablishing the fund, ma ck payment and never

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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What Petty Cash involves, choose
the best answer:
Select one:
O a. Establishing the fund, making
check payment and never
replenish the fund
b. Establishing the fund, making
payment and replenish the fund
c. Establishing the fund, making
check payment and replenish
the fund
d. Borrow the fund, making
payment and replenish the fund
Transcribed Image Text:What Petty Cash involves, choose the best answer: Select one: O a. Establishing the fund, making check payment and never replenish the fund b. Establishing the fund, making payment and replenish the fund c. Establishing the fund, making check payment and replenish the fund d. Borrow the fund, making payment and replenish the fund
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