Author Question: When a Petty Cash Fund is established, Cash is debited and Petty Cash Fund is credited. a. True ... (Read 220 times)

DyllonKazuo

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When a Petty Cash Fund is established, Cash is debited and Petty Cash Fund is credited.
 a. True
   b. False
   Indicate whether the statement is true or false

Question 2

A creditor is ultimately concerned with the ability of a firm to generate profits.
 
  Indicate whether the statement is true or false



Laurenleakan

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Answer to Question 1

False

Answer to Question 2

F



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