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Final somhederation.com/ext/map/index.html?.con-contexternal browser-Olaunch-Ul-http%253A%252F%252Fheducation.com%252Fmghmiddleware/%252Fmheproduct%252Fmacie Sevent 17 Waupaca Company establishes a $480 petty cash fund on September 9. On September 30, the fund shows $197 in cash
Final somhederation.com/ext/map/index.html?.con-contexternal browser-Olaunch-Ul-http%253A%252F%252Fheducation.com%252Fmghmiddleware/%252Fmheproduct%252Fmacie Sevent 17 Waupaca Company establishes a $480 petty cash fund on September 9. On September 30, the fund shows $197 in cash along with receipts for the following expenditures: transportation costs of merchandise purchased, $57, postage expenses, 561, and miscellaneous expenses, $157 The petty cashier could not account for a $8 shortage in the fund. The company uses the perpetual system in accounting for merchandise inventory. Prepare (1) the September 9 entry to establish the fund, (2) the September 30 entry to reimburse the fund, and (3) an October 1 entry to increase the fund to $535 oints 20228:00) View transaction list Journal entry worksheet < 1 2 3 Prepare the journal entry to establish the Petty Cash fund. Note: Enter debits before credits. Date Sept 9 General Journal Debit Credit Record entry Clearestry View general journal
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