Conway Designs established a $250 petty cash fund on October 1, 2023. Prepare the entry to replenish

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Conway Designs established a $250 petty cash fund on October 1, 2023. Prepare the entry to replenish the fund at the end of each of the following months of activity:
a. The petty cash box contained $28 on October 31 along with receipts for $125 for cleaning, $31 for postage, and $55 for delivery expense.
b. On November 30, the petty cash box contained only two receipts, for a $93 computer repair and a $115 entertainment expense. The petty cash custodian counted cash remaining of $50.
c. The petty cash box contained $24 on December 31 plus receipts for $48 for gas expense, $122 for office supplies, and $56 for entertainment expense. In addition to replenishing the fund, it was increased by $50.

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Related Book For  answer-question

Fundamental Accounting Principles Volume 1

ISBN: 9781260881325

17th Canadian Edition

Authors: Kermit D. Larson, Heidi Dieckmann, John Harris

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