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5 - Journalize the following transactions related to petty cash. On 3/1 Your Co. decides to establish a petty cash fund and takes $350 of

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5 - Journalize the following transactions related to petty cash. On 3/1 Your Co. decides to establish a petty cash fund and takes $350 of cash out of its checking account & puts it into petty cash. On 3/16 Your Co. replenishes the petty cash fund. The fund had $35 cash left and receipts as follows: postage $105, office supplies $70, and miscellaneous $175. On 3/18 Your Co. decides to increase the petty cash fund by $175. On 3/31 Your Co. replenishes the petty cash fund. The fund had $56 cash left and receipts as follows: postage $168, office supplies $112, and miscellaneous $112. Account Dr. Gr. Date 1-Mar (Establish petty cash fund) 16-Mar (Replenish fund) 18-Mar (Increase petty cash fund) 31-Mar (Replenish fund)

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