The company replenished the petty cash fund via a cheque of Rs 730. In the journal entry, which account is credited?

Cash account

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Petty cash account

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Bank account

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Solution

The correct option is C
Bank account

The bank account shall be credited in this case.

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The company replenished the petty cash fund via a cheque of Rs 730. In the journal entry, which account is credited?

The correct option is C Bank account The bank account shall be credited in this case.

The correct option is C
Bank account

The bank account shall be credited in this case.