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Cameron Co established a $180 petty cash fund on January 1, 2020. One week later, on January 8, the fund contained $34.95 in cash and

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Cameron Co established a $180 petty cash fund on January 1, 2020. One week later, on January 8, the fund contained $34.95 in cash and receipts for these expenditures postage $50.40; transportation in, $3240, store supplies, $3935, and a withdrawal of $22.90 by Jim Cameron, the owner. Cameron uses the perpetual method to account for merchandise inventory o. Prepare the journal entry to establish the fund on January View transaction list Journal entry worksheet 1 Record the entry to establish the fund. Motel te debes before credits General Journal Debit Credit Dato January 01, 2020 Pelly Cash Cash 180 180 b. Prepare a summary of the petty cash payments and record the entry to reimburse the fund on January 8. (Round your answers to 2 decimal places.) CAMERON CO. Potty Cash Payments Report January 10, 2000 Receipts Totalreceipts Fund total $ 0.00 Equal Cash required to replenish petty cash Cash ove(sho View transaction list Journal entry worksheet

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