Question: A petty cash fund is established at $100. At the end of May, the fund has a cash balance of $46 and petty cash vouchers
A petty cash fund is established at $100. At the end of May, the fund has a cash balance of $46 and petty cash vouchers for postage, $29, and office supplies, $34. Prepare the entry on May 31, 2011, to replenish the fund.
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