1. The petty cash fund of the Kaley Agency is established at $75. At the end of...
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(a) Establishment of the fund
(b) Reimbursement of the fund at the end of the current period.
2. Identify the two events that cause a Petty Cash account to be credited in a journal entry.
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1 a Petty Cash 7500 Cash 7500 To establish the petty cash fund b Ente...View the full answer
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