The sum of all petty cash receipts as well as the remaining cash ought to equivalent the total of the fund amount at any provided time.
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The sum of all petty cash receipts in addition the remaining cash should equivalent the whole of your fund total at any given time.
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The petty cashier ought to present all paid out receipts to the corporation cashier get more info in an effort to replenish the fund.
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Decide which in the statements down below are precise about how a petty cash fund is produced and Employed in a business. (Check all that utilize.)
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