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    College Accounting Study Set 2
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    Exam 6: Banking Procedure and Control of Cash
  5. Question
    What Type of an Account Is the Petty Cash Fund
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What Type of an Account Is the Petty Cash Fund

Question 31

Question 31

Multiple Choice

What type of an account is the petty cash fund?


A) Contra-asset
B) Expense
C) Asset
D) Liability

Correct Answer:

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