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    Fundamental Accounting Principles Study Set 1
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    Exam 8: Cash and Internal Controls
  5. Question
    The Entry to Increase the Balance in Petty Cash from $50
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The Entry to Increase the Balance in Petty Cash from $50

Question 77

Question 77

True/False

The entry to increase the balance in petty cash from $50 to $75 would include a credit to Petty Cash of $25.

Correct Answer:

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