Question: Please help me understand how to calcuate the decrease for may15th. Allen Company set up a petty cash fund for payments of small amounts. The

Please help me understand how to calcuate the decrease for may15th. Allen Company set up a petty cash fund for payments of small amounts. The following transactions involving the petty cash fund occurred in May. May 1 Prepared a company check for $ \$ 350 $ to estab 2 answers

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