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Home Q & A Board Other Fields Homework Help Business Accounting
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bravata bravata
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7 years ago
Island Equipment wants to increase the size of its petty cash fund from $350 to $400. Island Equipment will:
A) not be allowed to do this, $400 is too large for a petty cash fund.
B) debit Cash, $400; credit Petty Cash $400.
C) debit Petty Cash $400, credit Cash $400.
D) debit Petty Cash $50, credit Cash $50.
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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largerthanlifelargerthanlife
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7 years ago
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bravata Author
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#2
7 years ago
Let me just say, you are awesome Smiling Face with Open Mouth
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