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College Accounting, Chapters 1-27

23rd Edition
HEINTZ + 1 other
ISBN: 9781337794756

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Chapter
Section
BuyFindarrow_forward

College Accounting, Chapters 1-27

23rd Edition
HEINTZ + 1 other
ISBN: 9781337794756
Textbook Problem

From what source is the information obtained for issuing a check to replenish the petty cash fund?

To determine

Identify the source from which the information for issuing a check to replenish the petty cash fund is obtained.

Explanation

Petty cash fund:

Petty cash fund is a fund established to pay insignificant amounts like postage, office supplies, and lunches.

  • Ø  The petty cash fund must be replenished under two situations they are as follows:

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