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An Imprest Petty Cash Fund of $400 Was Established for Minor

Question 16

Multiple Choice

An imprest petty cash fund of $400 was established for minor disbursements. At the end of the month the fund included petty cash tickets for the purchase of $185 in supplies, $41 for postage, $86 for fuel and a delivery charge of $65. How much cash is left in the fund if there is no shortage or overage?


A) $ 23
B) $174
C) $ 88
D) $377

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