Rashida Company uses an imprest petty cash system. The fund was established on March 1 with a

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Rashida Company 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.

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The fund was replenished on March 15 when the fund contained $3 in cash. On March 20, the amount in the fund was increased to $150.InstructionsJournalize the entries in March that pertain to the operation of the petty cashfund.

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Accounting Principles

ISBN: 978-0470534793

10th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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