Record the following petty cash transactions of Apex, Inc., in the journal; explanations are not required. Sep
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Record the following petty cash transactions of Apex, Inc., in the journal; explanations are not required.
Sep 1 Established a petty cash fund with a $250 balance
30 The petty cash fund had $56 in cash and $187 in petty cash tickets that were issued to pay for office supplies
($112) and entertainment expense ($75). Replenished the fund.
30 Increased the petty cash fund balance to $300
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