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At the time a $300 petty cash fund is being replenished, the company's accountant finds vouchers totaling $200 and petty cash of $100. The vouchers
At the time a $300 petty cash fund is being replenished, the company's accountant finds vouchers totaling $200 and petty cash of $100. The vouchers include: postage, $60; business lunches, $90; delivery fees, $20; and office supplies, $30. Which of the following is not recorded when recognizing expenditures from the petty cash fund?
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