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On September 1, Braxton Company established a petty cash fund for $100. On September 10, the petty cash fund was replenished when there was $16.50
On September 1, Braxton Company established a petty cash fund for $100. On September 10, the petty cash fund was replenished when there was $16.50 on hand and there were petty cash receipts for office supplies, $27; transportation-in, $32; and postage, $21.50. On September 15, the petty cash fund was increased to $125. REQUIRED: Record the above transactions in general journal format. There is a General Journal template provided that you can use to answer this question.
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