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On April 2, Granger Sales decides to establish a $370 petty cash fund to relieve the burden on Accounting. Required: a. Journalize the establishment of

On April 2, Granger Sales decides to establish a $370 petty cash fund to relieve the burden on Accounting. Required: a. Journalize the establishment of the fund.* b. On April 10, the petty cash fund has receipts for mail and postage of $52, contributions and donations of $13, and meals and entertainment of $95. Petty cash on hand is $209. Journalize the replenishment of the fund. Record any missing funds in the cash short and over account.* c. On April 11, Granger Sales decides to increase petty cash to $540. Journalize this event.* *Refer to the Chart of Accounts for exact wording of account titles.
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On Apri 2, Granger Sales decides to establish a $370 petty cash fund to relieve the burden on Accounting. Required: a. Journalize the establishment of the fund. b. On Aoril 10, the potty cash fund has receipts for mal and postage of $52, contributions and donations of $13, and meals and entertainment of 595. Petty cash on hand is 5209 . Joumalize the replenishment of the fund. Fecord any missing funds in the cash short and over account." c. On April 11, Granger Sales decides to increase petty cash to $540. Journalize this event." * Refer to the Chart of Accounts for exact wording of account uties. Joumalize the entries for each of the transactions. Feter to the Chart of Accounts for exact wording of account thies

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