Petty cash fund Obj. 6 Prepare journal entries for each of the following: a. Issued a check
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Petty cash fund Obj. 6
Prepare journal entries for each of the following:
a. Issued a check to establish a petty cash fund of $750.
b. The amount of cash in the petty cash fund is $115. Issued a check to replenish the fund, based on the
following summary of petty cash receipts: repair expense, $515 and miscellaneous selling expense,
$88. Record any missing funds in the cash short and over account.
AppendixLO1
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Related Book For
Corporate Financial Accounting
ISBN: 9781337398176
15th Edition
Authors: Carl Warren, Jefferson Jones
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