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help explain please 6. On April 3rd, Snappy Sales decides to establish a $135.00 Petty Cash Account to relieve the burden on accounting. (a) Journalize
help explain please
6. On April 3rd, Snappy Sales decides to establish a $135.00 Petty Cash Account to relieve the burden on accounting. (a) Journalize this event. (b) On April 11 th, the petty cash fund has receipts for mail and postage of $32.75, contributions and donations of $25.25, meals and entertainment of $68.00 and $9.75 in cash. Journalize the replenishment of the fund. (c) On April 12 th, Snappy Sales decides to increase petty cash to $175.00. Journalize this eventStep by Step Solution
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