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A petty cash fund is established in the amount of $500.00, and contains $7.00 in cash and the following receipts when it is replenished. Meal
A petty cash fund is established in the amount of $500.00, and contains $7.00 in cash and the following receipts when it is replenished.
Meal receipts | $174 |
Postage | 153 |
Supplies | 145 |
Parking and tolls | 23 |
Prepare the required journal entry to record replenishment.
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