Multiple Choice
A $100 petty cash fund has cash of $20 and valid receipts for $40.The entry to replenish the fund would include a:
A) credit to Cash for $80.
B) credit to Cash for $40.
C) credit to Petty Cash for $30.
D) debit to Petty Cash for $40.
Correct Answer:
Verified
Correct Answer:
Verified
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