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Petty Cash Accounting
moonkhan
Nov 4, 2008, 06:49 PM
Identify the two events that cause a Petty Cash Account to be credited in a journal entry
pready
Nov 5, 2008, 05:02 PM
The two cases are: (1) there is a decrease in the size of the Petty Cash Fund, and (2) When you permanently close the Petty Cash Fund.