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The Petty Cash Fund Had an Initial Imprest Balance of $200

Question 73

Multiple Choice

The petty cash fund had an initial imprest balance of $200. It currently has $17 in cash, $3 in miscellaneous cash receipts and an additional $180 in specific cash receipts. The debit to Cash Short & Over would be:


A) $0.
B) $17.
C) $180.
D) $183.

Correct Answer:

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