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Oriole Boxes uses a petty cash imprest system. The fund was established on February 14 with a balance of $104. On February 28, there were
Oriole Boxes uses a petty cash imprest system. The fund was established on February 14 with a balance of $104. On February 28, there were $4 cash and the following petty cash receipts in the petty cash box: Amount Date Receipt No. For $11 Feb. 15 1 Supplies 7 18 2 34 20 3 15 21 4 Postage expense Freight in (assume perpetual inventory system) Supplies Delivery charges on outgoing freight Supplies 16 22 5 23 27 6 Record the journal entry on February 14 to establish the petty cash fund. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts.) Debit Credit Date Account Titles and Explanation Feb. 14 e umount is entered. Do not Indent manually. I ho entry is requirea, select "No Entry for the account titles ana enter for the amounts.) Date Account Titles and Explanation Debit Credit Feb. 14 Record the journal entry on February 28 to replenish the fund. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts.) Date Account Titles and Explanation Debit Credit Feb. 28
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