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I need help with the empty spaces please. Starting with before it is replenished. On June 1, Fab Salad Dressings creates a petty cash fund
I need help with the empty spaces please. Starting with before it is replenished.
On June 1, Fab Salad Dressings creates a petty cash fund with a imprest balance of $300. During June, Jackson Demers, the fund custodian, signs the following petty cash tickets: On June 30, prior to replenishment, the fund contains these tickets plus cash of $55. The accounts affected by petty cash payments are office Supplies, Travel Expenses, Delivery Expense, Entertainment Expense, and Merchandise Inventory, Before it is replenished, the petty cash fund should hold cash of Journalize all required entries to create the fund and replenish it. Include explanations. (Begin by journalizing the creation of the fund. Journalize the replenishment of the fund. Make the July 1 entry to increase the fund balance to $450. Include an explanation, and briefly describe what the custodian does. Make the entry July 1 to increase the fund balance to $450. Briefly describe what the custodian does. The custodian the check and places of currency and coin Choose from any list or enter any number in the input fields and then continue to the nextStep by Step Solution
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