The __________________ is used by a business to make change for ...

[WhattoUnderstand]

The __________________ is used by a business to make change for customers who pay cash for goods or services.
 a. petty cash fund
   b. cash fund
   c. change fund
   d. none of the answers listed

Question 2

Cash outflows result from increases in asset accounts and decreases in liability and equity accounts.
 
  Indicate whether the statement is true or false

[shaikhs]

Answer to Question 1

c

Answer to Question 2

F

[WhattoUnderstand]

Wow, this really help

[chereeb]

Thanks for the timely response, appreciate it