Question: please answer fast Question (3) 5 Marks: On April 3, 2020, Al-Arab Company established a petty cash fund by issuing a check for JD 220
Question (3) 5 Marks: On April 3, 2020, Al-Arab Company established a petty cash fund by issuing a check for JD 220 to Mr. Ali who is the custodian of the petty cash fund. On April 30, the custodian submitted the following paid petty cash voucher for replenishment of the petty cash fund where there is JD 26 cash in the fund: Supplies JR.168 Instructions: Prepare the journal entries required to establish the petty cash fund on April 3 and the replenishment of the fund on April 30. Answer (2)
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