Multiple Choice
What type of an account is the petty cash fund?
A) Contra-asset
B) Expense
C) Asset
D) Liability
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q26: A company would use a change fund
Q27: A signature card is kept by the
Q28: A signature card shows the signature of
Q29: When the bank pays a check written
Q30: The change fund is what type of
Q32: An example of electronic funds transfer is:<br>A)
Q33: The entry to replenish a $300 petty
Q34: Sam's Tutoring Service's $480 petty cash fund
Q35: For each of the following, identify in
Q36: A deposit received by the bank will:<br>A)