Ten days ago a company established a $90 petty cash fund. Today, October 5, the petty...
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Ten days ago a company established a $90 petty cash fund. Today, October 5, the petty cash box contains $3 in cash and the following paid petty cash receipts: transportation- in, $14.25; postage, $34.50; and office supplies, $36. Give the entry to reimburse the fund and to increase its size to $150. Ten days ago a company established a $90 petty cash fund. Today, October 5, the petty cash box contains $3 in cash and the following paid petty cash receipts: transportation- in, $14.25; postage, $34.50; and office supplies, $36. Give the entry to reimburse the fund and to increase its size to $150.
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Petty cash balance 90 Petty cash Ac Dr 90 To Bank Ac cash Ac 90 Being funds from bankc... View the full answer
Related Book For
Principles of Accounting
ISBN: 978-1133626985
12th edition
Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson
Posted Date:
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