At the beginning of this month, Friedman Company established a petty cash fund with the amount of
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At the beginning of this month, Friedman Company established a petty cash fund with the amount of \($10,000.\) At the end of this month, it was found that the balance of this fund was \($490,\) but the documents to support the payments for stamps were lost:
a. Utilities expenses \($4,400
b.\) Office supplies expenses \($1,810
c.\) Taxi and transportation expenses \($2,050
d.\) Stamp expenses?
Assuming that the balance of the petty cash fund is correct, what is the amount for the stamp expenses?
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Related Book For
Principles Of Financial Accounting IFRS Edition
ISBN: 9789814962605
3rd Edition
Authors: Earl K Stice, James D Stice, W Steve Albrecht, Monte R Swain, Rong-Ruey Duh, Audrey Wenhsin Hsu
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