Ankara A.. uses an imprest petty cash system. The fund was established on March 1 with...
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Ankara A.. uses an imprest petty cash system. The fund was established on March 1 with a balance of 100. During March, the following petty cash receipts were found in the petty cash box. Date Receipt No. For Amount 3/5 1 7 2 Stamp Inventory Freight-Out 39 17 9 3 Miscellaneous Expense 6 11 4 Travel Expense 24 14 5 7 Miscellaneous Expense The fund was replenished on March 15 when the fund contained 4 in cash. On March 20, the amount in the fund was increased to 150. Instructions Journalize the entries in March that pertain to the operation of the petty cash fund. Ankara A.. uses an imprest petty cash system. The fund was established on March 1 with a balance of 100. During March, the following petty cash receipts were found in the petty cash box. Date Receipt No. For Amount 3/5 1 7 2 Stamp Inventory Freight-Out 39 17 9 3 Miscellaneous Expense 6 11 4 Travel Expense 24 14 5 7 Miscellaneous Expense The fund was replenished on March 15 when the fund contained 4 in cash. On March 20, the amount in the fund was increased to 150. Instructions Journalize the entries in March that pertain to the operation of the petty cash fund.
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