Record the following petty cash transactions of Xeno, Corp , in the journal expla nations are not required Jun 1 Established a petty cash fund with a $200 balance 30 The petty cash fund had $22 in cash and $174 in petty cash tickets that were issued to pay for office supplies ($104) and entertainme...

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Record the following petty cash transactions of Xeno, Corp., in the journal; expla nations are not required.

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Financial Accounting

ISBN: 9780136060482

1st Edition

Authors: Jeffrey Waybright, Robert Kemp

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Question Posted: May 11, 2024 11:04 PM

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Record the following petty cash transactions of Xeno, Corp., in the journal; expla nations are not required.

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Jun 1 Established a petty cash fund with a $200 balance. 30 The petty cash fund had $22 in cash and $174 in petty cash tickets that were issued to pay for office supplies ($104) and entertainment expense ($70). Replenished the fund. 30 Increase the petty cash fund balance to $300.

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Financial Accounting

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