Journalize the entries to record the following: March 1 Established a petty cash fund of $300....

 

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Journalize the entries to record the following: March 1 Established a petty cash fund of $300. March 31 The amount of cash in the petty cash fund is now $64. The fund is replenished based on the following receipts: office supplies, $137; selling expenses, $112. Record any discrepancy in the cash short and over account. Journal Post. Date Description Ref. Debit Credit Journalize the entries to record the following: March 1 Established a petty cash fund of $300. March 31 The amount of cash in the petty cash fund is now $64. The fund is replenished based on the following receipts: office supplies, $137; selling expenses, $112. Record any discrepancy in the cash short and over account. Journal Post. Date Description Ref. Debit Credit

Answer rating: 100% (QA)

Record journal entries as follows A B C D E 1 1Mar Petty cash Date Description Post Ref Debit ... View the full answer