When a petty cash fund is in use, A. all purchases using these funds must...
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Accounting
When a petty cash fund is in use,
A. all purchases using these funds must have two signatures to approve the purchases.
B. the size of the fund should be large enough to use to cash employees' bi-monthly payroll checks.
C. an entry is made to Petty Cash when the fund is replenished to its original amount
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