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1 . Established a $ 5 0 0 petty cash fund. 2 . Paid for $ 2 0 0 in miscellaneous supplies out of the

1. Established a $500 petty cash fund.
2.Paid for $200 in miscellaneous supplies out of the fund.
3.(a) Recognized the petty cash expenes and (b) replenished the petty cash fund by $200.
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