What is the correct balance of the petty cash fund?

2.How much is the cash shortage or overage?

 

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In your cash count of the petty cash fund of Targaryen Company as of July 4, 2020, you found the following composition of its petty cash fund: Bills and coins counted Approved and signed petty cash vouchers Dated June 2020 Dated July 1-4, 2020 IOU from Vyserion (Employee) A check drawn Drogon, an employee, dated July 15, 2020 2,450.00 3,300.00 800.00 1,400.00 2,000.00. The petty cash fund has an imprest balance of 10,000. The company's reporting period ends on June 30. In your cash count of the petty cash fund of Targaryen Company as of July 4, 2020, you found the following composition of its petty cash fund: Bills and coins counted Approved and signed petty cash vouchers Dated June 2020 Dated July 1-4, 2020 IOU from Vyserion (Employee) A check drawn Drogon, an employee, dated July 15, 2020 2,450.00 3,300.00 800.00 1,400.00 2,000.00. The petty cash fund has an imprest balance of 10,000. The company's reporting period ends on June 30.

Answer rating: 100% (QA)

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