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Deposits less than any of those trade names are deposits with Inexperienced Dot Bank and so are aggregated for deposit insurance coverage up on the allowable boundaries.Evaluation the following statements regarding a petty cash fund Utilized in a company. Pick the one that is suitable.
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The sum of all petty cash receipts in addition the remaining cash should equal the overall with the fund total at any supplied time.
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Jackson Brothers decided to create a petty cash fund. They estimated that $200 can be wanted in the fund. Show the proper journal entry to create the account by choosing the right motion from Those people down below.
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