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Journalize each of the following petty cash transactions: a. On July 1, issued a check to establish a petty cash fund of $760. b. The
Journalize each of the following petty cash transactions:
| a. | On July 1, issued a check to establish a petty cash fund of $760. |
| b. | The amount of cash in the petty cash fund is $113. Issued a check to replenish the fund, based on the following summary of petty cash receipts: store supplies, $516, and miscellaneous selling expense, $80. Record any missing funds in the cash short and over account. |
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Process Driven Comprehensive Auditing A New Way To Conduct ISO 9001 2000 Internal Audits
Authors: Paul C. Palmes
1st Edition
0873896416, 978-0873896412
