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The Petty Cash Payments Record Indicates Classified Expenditures as Follows

Question 42

Multiple Choice

The petty cash payments record indicates classified expenditures as follows: Automobile Expense,$20; Supplies Expense,$12; Postage Expense,$6; and Miscellaneous Expense,$5.The journal entry to replenish the petty cash fund would include a credit to Cash for


A) $38.
B) $5.
C) $11.
D) $43.

Correct Answer:

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