On March 2, Pugh Company established a petty cash fund of $100. On March 27, the fund

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On March 2, Pugh Company established a petty cash fund of $100. On March 27, the fund was replenished when it had $8 in cash and receipts for supplies $30, freight out $17, and repairs expense $43. Prepare the journal entries to establish the petty cash fund on March 2 and replenish it on March 27?
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Accounting Principles Part 1

ISBN: 978-1118306789

6th Canadian edition

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow

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