Journalize the entries to record the following: a. Established a petty cash fund of $500. b. The
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a. Established a petty cash fund of $500.
b. The amount of cash in the petty cash fund is now $89.60. Replenished the fund, based on the following summary of petty cash receipts: office supplies, $267.25; miscellaneous selling expense, $110.85; miscellaneous administrative expense, $32.30.
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Related Book For
Financial Accounting An Integrated Statements Approach
ISBN: 978-0324312119
2nd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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