PETTY CASH FUND Murphy, Inc., maintains a balance of $1,000 in its petty cash fund. On December
Question:
PETTY CASH FUND Murphy, Inc., maintains a balance of $1,000 in its petty cash fund. On December 31, 2009, Murphy’s petty cash account has a balance of $425. Murphy replenishes the petty cash account to bring it back up to $1,000.
Required:
What entry is made to record the replenishment of the petty cash fund?
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Anurag Agrawal
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Related Book For 
Cornerstones Of Financial Accounting Current Trends Update
ISBN: 9781111527952
1st Edition
Authors: Jay Rich , Jeff Jones, Maryanne Mowen , Don Hansen
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