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A company establishes a $370 petty cash fund on August 3 to pay for minor cash expenditures. The fund is replenished at the end of

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A company establishes a $370 petty cash fund on August 3 to pay for minor cash expenditures. The fund is replenished at the end of each month. In addition, the company has issued credit cards for more substantlal employee purchases. These credit cards are Issued to authorized managers. At the end of August, the following employee purchases have been made: Required: Record the establishment of the petty cash fund on August 3, employee expenditures related to the petty cash fund on August 31, and employee expenditures related to credit cards on August 31. (If no entry Is requlred for a transoction/event, select "No Journal Entry Required" In the first account fleid.) Journal entry worksheet Record the establishment of the petty cash fund. Nete! Enter debits before sredita. Journal entry worksheet Record the expenses paid out of the petty cash fund. Note: Enter debits before credits. Journal entry worksheet Record the employee expenditures related to credit cards. Note: Enter debits before credits

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