Exercise $6-10($Algo$)$ Petty cash fund accounting LO P$2$

Paimona Compary evablehes a $$200$ petry cash fund on Junury $1$ On Janury II$,$ The fund shows $$9)$ in cash along with recepts for uses the perpetual system in accouning for merchandise irventory.

$2.$ Frepare the entry so establinh the fund on Jarsuary $1$

$2.$ Prepare the enty to remburse the fund on Junuary $8$ under two separate subuaons:

a$.$ Toremburse the fund

b$.$ To remburse the fund and increase of to $$250.$ Hont Make two entres.

Journal entry worksheet

$(4)$

$$

$2$

$(3)$

a

Eneret the removienent of the geiny cash fland.

Gre Gove Graw Golon equin.

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$$

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