2. Usually, Rebecca's bakery posts petty cash transactions and replonishes the account, which holds $350, every...

 

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2. Usually, Rebecca's bakery posts petty cash transactions and replonishes the account, which holds $350, every week. Rebecca's accountani moxed her petty cash receipts for the week of February 1-7 with some other business monip There was a January 28 receipt for a $100 purchase on credit; there was a February 1 receipt for a $25 cash payment for sugar, there was a February 5 receipt for a $52 cash purchase of fuel; there was a January 30 receipt for a credit card purchase of aluminum baking pans and there was a $15 cash purchase of fuel on the same day. . Post the journal entry for setting up the petty cash fund. Post the journal entry to replenish the fund for the week of February 1-7. . Post the transactions to the general ledger Date Date Account Name Account Name Debit Debit Credit Credit 2. Usually, Rebecca's bakery posts petty cash transactions and replonishes the account, which holds $350, every week. Rebecca's accountani moxed her petty cash receipts for the week of February 1-7 with some other business monip There was a January 28 receipt for a $100 purchase on credit; there was a February 1 receipt for a $25 cash payment for sugar, there was a February 5 receipt for a $52 cash purchase of fuel; there was a January 30 receipt for a credit card purchase of aluminum baking pans and there was a $15 cash purchase of fuel on the same day. . Post the journal entry for setting up the petty cash fund. Post the journal entry to replenish the fund for the week of February 1-7. . Post the transactions to the general ledger Date Date Account Name Account Name Debit Debit Credit Credit

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Journal Entries and General Ledger for Rebeccas Bakery 1 Setting Up the Petty Cash Fund Assuming it ... View the full answer