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Q1 Thompson Ltd set up a petty cash fund of $200 on Mar1, 2011. On March31, the petty cash contained $19 and following receipts. $75

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Q1 Thompson Ltd set up a petty cash fund of $200 on Mar1, 2011. On March31, the petty cash contained $19 and following receipts. $75 for printing, $48 for taxi fare, and 555 for delivery expense Please record the reimbursement of the fund on Mar31 Q2 Justin company established a $400 petty cash on Sep 9, 2011. On Sep 30, the fund had $146,40 in cash and receipts for the following expenditures: transportation in $3245; office supplies $113.55 and repair expense $87.60. a prepare the Sep9 entry to set up petty cash fund, b. prepare the summary of petty cash receipts and record the entry on Sep 30 to reimburse the fund and reduce it to $300

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