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On September 1, ATP Enterprises has a petty cash fund in the amount of $900. Prepare journal entries for the following transactions: a. On September
On September 1, ATP Enterprises has a petty cash fund in the amount of $900. Prepare journal entries for the following transactions: a. On September 5, the petty cash fund needed replenishment, and the following are the receipts: Auto Expense \$37, Supplies \$124, Postage Expense \$270, Repairs and Maintenance Expense $168, Miscellaneous Expense $149. The cash on hand at this time was $148. b. On September 14, the petty cash fund needed replenishment and the following are the receipts: Auto Expense \$18, Supplies \$185, Postage Expense \$50, Repairs and Maintenance Expense $269, Miscellaneous Expense $49. The cash on hand at this time was $310. c. On September 23 , the petty cash fund needed replenishment and the following are the receipts: Auto Expense \$251, Supplies \$88, Postage Expense \$63, Repairs and Maintenance Expense $182, Miscellaneous Expense $203. The cash on hand at this time was $120. d. On September 29, the company determined that the petty cash fund needed to be increased to $1,000. e. On September 30, the petty cash fund needed replenishment as it was month end. The following are the receipts: Auto Expense $18, Supplies $15, Postage Expense $57, Repairs and Maintenance Expense $49, Miscellaneous Expense $29. The cash on hand at this time was $834
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