When is a petty cash account debited?

  • A When the fund is established and every time money is spent
  • B When the fund is established and every time it is replenished
  • C When the fund is established and when the size of the float is decreased
  • D Every time money is drawn from the petty cash

The correct answer is B. When the fund is established and every time it is replenished

No explanation given
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