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In this situation, you are employed by Steven Scoggins, owner of a real estate agency, who started a petty cash fund on July 1 by
In this situation, you are employed by Steven Scoggins, owner of a real estate agency, who started a petty cash fund on July 1 by cashing a check for $100. You are responsible for the fund and are to fill out a petty cash voucher for each payment made. Fill in all the information on the voucher except the signature. Approve the voucher by adding your initials as cashier. A summary of petty cash transactions for the month is shown below the following petty cash voucher form. Prepare the petty cash voucher for the first payment made from the petty cash fund during July. Approved by Cashier Payment Received by Signature SUMMARY OF PETTY CASH TRANSACTIONS July 10 Paid $20.85 to Mary Miller for the purchase of first-aid supplies. July 11 Paid $30.40 to Beverly Moss for travel expense. July 18 Paid $14.50 to Rodeway Freight Company for a delivery charge. July 25 Paid $25 to the post office for stamps
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