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    Fundamental Accounting Principles Study Set 5
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    Exam 8: Cash and Internal Controls
  5. Question
    The Journal Entry for Petty Cash Reimbursement Involves a Debit
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The Journal Entry for Petty Cash Reimbursement Involves a Debit

Question 178

Question 178

True/False

The journal entry for petty cash reimbursement involves a debit to the appropriate expenses and a credit to Petty Cash.

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