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Prepare any required journal entries. (If no entry is required for a transaction/event, select No Journal Entry Required in the first account field.) [The following

Prepare any required journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

[The following information applies to the questions displayed below.]

Service World maintains a petty cash fund. The fund custodian encountered the following events.

a.

The fund was established when a check for $380 was cashed and deposited into a locked cash box.

b.

An employee submitted a receipt for a customer delivery costing $36 and was reimbursed in full from petty cash.

c.

Another employee submitted a receipt for $76 for locksmith repairs to the office door and was reimbursed in full from petty cash.

d.

An employee submitted a receipt for newspaper advertising that cost the company $66. She was given $66 from the petty cash box.

e.

The petty cash custodian received and cashed a check that fully replenished the petty cash fund.

f.

An employee submitted a receipt for $51 for supplies and was reimbursed in full from petty cash.

g.

An employee submitted a receipt for $81 for filling up his personal vehicle. He was not reimbursed because it would violate company policy.

h.

At the end of the month, a check was given to the petty cash custodian to not only replenish the petty cash fund but also increase the total fund to $510.

Prepare any required journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

If Service World has $1,800 cash, $400 of government Treasury bills purchased last month with a six-week maturity, and $910 of cash set aside for legal reasons, how much will the company report on the balance sheet as Cash and Cash Equivalents?

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