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Exercise 7-8 balance of $125. Horvath Company uses an imprest petty cash system. The fund was established on March 1 with a During March, the

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Exercise 7-8 balance of $125. Horvath Company uses an imprest petty cash system. The fund was established on March 1 with a During March, the following petty cash receipts were found in the petty cash box. Amoun Receipt No Date $36 Stamp Inventory 3/5 14 Freight-out Miscellaneous Expense 46 Travel Expense Miscellaneous Expense The fund was replenished on March 15 when the fund contained $6 in cash. On March 20, the amount in the fund was increased to $180

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