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Multiple Select Question

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Determine which of the statements below are occurote regarding how a petty cash fund is created and used in a business. $($Check all that apply$)$

When the fund is replenished, the petty cash fund account is debited.

The petty cashiler its responsible for keeping the cash in the fund safe.

A check is drawn by the company cashier to establish the petty cash fund.

Any employee may disburse cash from the fund as long as they bring back a receipt for their purchase.

The petty cashier is responsible for making payments from the petty cash fund.

The sum of all petty cash receipts plus the remaining cash should equal the total of the fund amount at any given time.

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