Question: Clooney Corp establishes a petty cash fund for 225 By
Clooney Corp. establishes a petty cash fund for $225. By the end of the month, employees made the following expenditures from the fund: postage, $60; delivery, $85; supplies expense, $50; entertainment, $25. Record the expenditures from the petty cash fund, and record the entry to replenish the petty cash fund.
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