Loucks Company established a $200 petty cash fund on October 2, 2024. The fund is replenished at
Question:
Loucks Company established a $200 petty cash fund on October 2, 2024. The fund is replenished at the end of each month. At the end of October 2024, the fund contained $37 in cash and the following receipts:
Required:
Prepare the necessary general journal entries to establish the petty cash fund on October 2 and to replenish the fund on October 31.
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To establish the petty cash fund October 2 2024 Petty Cash 2...View the full answer
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