During October, Central Light Company experiences the following transactions in establishing a petty cash fund. Oct. 1
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During October, Central Light Company experiences the following transactions in establishing a petty cash fund.
Oct. 1 A petty cash fund is established with a check for $150 issued to the petty cash custodian.
31 A check was written to reimburse the fund and increase the fund to
$200. A count of the petty cash fund disclosed the following items:
Instructions Journalize the entries in October that pertain to the petty cash fund.
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Related Book For
Accounting Tools For Business Decision Making
ISBN: 9780470534786
4th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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