Which of the Following Is NOT a Common Feature of a Petty

question 22

Multiple Choice

Which of the following is NOT a common feature of a petty cash system?

• A) Cash in the fund plus vouchers held equals the amount advanced to the petty cashier.
• B) When the fund is replenished,the expenses account is debited.
• C) When the fund is replenished,the cash account is credited.
• D) When the fund is replenished,petty cash is credited.

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