Author Question: The Petty Cash Fund balance of cash is the same as the balance in the general ledger Cash account. ... (Read 137 times)

anshika · **on:** Jul 6, 2018

The Petty Cash Fund balance of cash is the same as the balance in the general ledger Cash account.
a. True
b. False
Indicate whether the statement is true or false

Question 2

The debt ratio considers the proportion of all stockholders' equity that is financed with debt.

Indicate whether the statement is true or false