Question: help me to solve this ~ @ Questiont-ch: x EY Chat Thread % | @ Exercise 7-20.do x | Be Google Translat) * | IM

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~ @ Questiont-ch: x EY Chat Thread % | @ Exercise 7-20.do x | Be Google Translat) * | IM Module 7Notes x | [MJ Help MeSolvel x | @ GASPAR Playbac x | + G 23 ezto.mheducation.com/ext/map/index.html?_con=conexternal_browser=08launchUrl=https%253A96252F%252 Fnewconnect.mheducation.com%252Fstudent%252Fcl... Chapter 7 Assignment @ Saved Help Save Exit Problem 7-2A Establishing, reimbursing, and increasing the petty cash fund LO4 Halifax Feb. 2 15 5 points 9 12 14 28 23 25 28 28 References Fitness Consulting completed the following petty cash transactions during February 2023: Prepared a $3,116 cheque, cashed it, and gave the proceeds and the petty cash box to Nick Reed, the petty cashier. Purchased paper for the copier, $187. Paid $324 COD charges on merchandise purchased for resale. Assume Halifax Fitness Consulting uses the perpetual method to account for merchandise inventory. Paid $148 postage to express mail a contract to a client. Reimbursed Kim Marin, the manager of the business, $1,284 for business auto expenses. Purchased stationery, $567. Paid a courier $18 to deliver merchandise sold to a customer. Paid $45 COD charges on merchandise purchased for resale. Paid $54 for stamps. Reed sorted the petty cash receipts by accounts affected and exchanged them for a cheque to reimburse the fund for expenditures. However, there was only $7 in cash in the fund. In addition, the size of the petty cash fund was increased to $6,800. Required: 1. Prepare a journal entry to record establishing the petty cash fund. Peele en cae Journal entry worksheet # ad Submit r

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