Question: Current Attempt in Progress Blue, Inc. decided to establish a petty cash fund to help ensure internal control over its small cash expenditures. The following

Current Attempt in Progress
Blue, Inc. decided to establish a petty cash fund to help ensure internal control over its small cash expenditures. The following information is available for the month of April.
1. On April 1, it established a petty cash fund in the amount of \(\$ 246\)
2. A summary of the petty cash expenditures made by the petty cash custodian as of April 10, when the balance in petty cash was \(\$ 22\), is as follows.
The company uses a periodic inventory system.
3. The petty cash fund balance was increased \(\$ 110\) to \(\$ 356\) on April 20.
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Current Attempt in Progress Blue, Inc. decided to

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