The Acme Company established a Petty Cash Fund of $150 on December 1 At the end of the month, the fund contained $73 in cash and the following petty cash receipts $50 for office supplies $25 for repairs REQUIRED Prepare the journal entries for the following 1 Establish the fund on December 1 2 Rei...

Journal Entry Date Dec1 Dec31 Petty Cash Cash to establish petty ...

The Acme Company established a Petty Cash Fund of $150 on December 1. At the end...

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Intermediate Accounting

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Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones

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The Acme Company established a Petty Cash Fund of $150 on December 1. At the end...

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