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On June 1 Zainah Company established a petty cash fund with $220. During the first 15 days of June several payments totaling $195 were made

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On June 1 Zainah Company established a petty cash fund with $220. During the first 15 days of June several payments totaling $195 were made for advertising expenses using the petty cash fund. On June 15 replenishment of the fund was requested. Required 1) Prepare the necessary journal entry on June 1. DATEACCOUNT TITLES DEBIT CREDIT June 1 $ 2) Prepare the necessary journal entry on June 15, in the following scenarios: a) cash balance on June 15 was $30. DATE ACCOUNT TITLES I June 15 . b) cash balance on June 15 was $25. DATE ACCOUNT TITLES DE June 15 c) cash balance on June 15 was $10. DATE ACCOUNT TITLES DE June 15 $

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