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A petty cash fund was established with a $500 balance. It currently has cash of $19 and petty cash tickets as shown below. Travel expense
A petty cash fund was established with a $500 balance. It currently has cash of $19 and petty cash tickets as shown below.
Travel expense | $110 |
Office supplies | $290 |
Equipment rental expense | $80 |
Journalize the entry to establish the petty cash and to replenish the Petty Cash account.
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