Business, 02.04.2021 21:10 kaylaunderwood470

Determine which of the statements below are accurate regarding how a petty cash fund is created and used in a business. a. A check is drawn by the company cashier to establish the petty cash fund.
b. The sum of all petty cash receipts plus the remaining cash should equal the total of the fund amount at any given time.
c. When the fund is replenished, the Petty Cash fund account is debited.
d. The petty cashier is responsible for making payments from the petty cash fund.
e. The petty cashier is responsible for keeping the cash in the fund safe.
f. Any employee may disburse cash from the fund as long as they bring back a receipt for their purchase.

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Determine which of the statements below are accurate regarding how a petty cash fund is created and...