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Accounting Technical Review Comprehensive Problem 3 about Kornett Company Selected transactions completed by Kornett Company during December 31, 2014, were as follows: Jan. 3. Issued
Accounting Technical Review Comprehensive Problem 3 about Kornett Company
Selected transactions completed by Kornett Company during December 31, 2014, were as follows: Jan. 3. Issued a check to establish a petty cash fund of $4,500. Feb. 26. Replenished the petty cash fund, based on the following summary of petty cash receipts: office supplies, $1,680; miscellaneous selling expense, $570; miscellaneous administrative expense, $880. Selected transactions completed by Kornett Company during December 31, 2014, were as follows: Jan. 3. Issued a check to establish a petty cash fund of $4,500. Feb. 26. Replenished the petty cash fund, based on the following summary of petty cash receipts: office supplies, $1,680; miscellaneous selling expense, $570; miscellaneous administrative expense, $880Step by Step Solution
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