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Journalize the entries for the following: Mar. 1 Established a petty cash fund of $300. Mar. 31 Replenished the petty cash fund based on the

Journalize the entries for the following:

Mar. 1 Established a petty cash fund of $300.

Mar. 31 Replenished the petty cash fund based on the following summary of receipts: office supplies, $137, and selling expenses, $112. Petty cash on hand was $64. Record any discrepancy in the cash short and over account.

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