Waupaca Company establishes a $ 3 4 0 petty cash fund on September 9 . On September
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Waupaca Company establishes a $ petty cash fund on September On September the fund shows $ in cash along with receipts for the following expenditures: transportationin $; postage expenses, $; and miscellaneous expenses, $ The petty cashier could not account for a $ shortage in the fund. The company uses the perpetual system in accounting for merchandise inventory.
Prepare the September entry to establish the fund, the September entry to reimburse the fund, and an October entry to increase the fund to $
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