Joy's Dance Studio created a ($ 200) imprest petty cash fund. During the month, the fund custodian

Question:

Joy's Dance Studio created a \(\$ 200\) imprest petty cash fund. During the month, the fund custodian authorized and signed petty cash tickets as follows:

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Requirements 

(a) create the petty cash fund

(b) record its replenishment. Cash in the fund totals \(\$ 75\), so \(\$ 3\) is missing. Include explanations. 

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Accounting

ISBN: 9780132439602

7th Edition

Authors: Charles T. Horngren, Walter T. Harrison

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