Question: D 2 l BU - 1 3 1 - IN 2 - 2 4 - SP Comp Appl in Business - BU - 1 3

D2l BU-131-IN2-24-SP Comp Appl in Business - BU-131...
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Petty cash fund
Journalize each of the following petty cash transactions:
a. Issued a check to establish a petty cash fund of $500. If an amount box does not require an entry, leave it blank.
b. The amount of cash in the petty cash fund is $85. Issued a check to replenish the fund, based on the following summary of petty cash receipts: store supplies, $360, and miscellaneous selling expense, $40. Record any missing funds in the cash short and over account. If an amount box does not require an entry, leave it blank.
 D2l BU-131-IN2-24-SP Comp Appl in Business - BU-131... CengageNOWv2 I Online

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