using AI: A company currently has a $300 petty cash fund. Documentation shows payments from the fund

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using AI: A company currently has a $300 petty cash fund. Documentation shows payments from the fund of $245 and there is $56 left in the fund. The company wants to replenish the petty cash fund and increase the petty cash fund to $400. The entries to replenish the petty cash fund and to increase the fund will: O debit Cash Over and Short for $1. O reduce Cash by $344. O credit Petty Cash for $100. credit Cash Over and Short for $101

Posted Date: May 18, 2024 11:12 PM

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using AI: A company currently has a $300 petty cash fund. Documentation shows payments from the fund

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