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Mathematics, 02.02.2022 06:20 CarleySamuel

Assume that there is $500 in expense vouchers and $25 in cash in the petty cash fund when it is replenished. Assuming the petty cash fund normally carries a $525 balance, which of the following shows how recognizing the replenishment of the petty cash fund will affect the financial statements?

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Assume that there is $500 in expense vouchers and $25 in cash in the petty cash fund when it is repl...

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