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QS 8-6 Petty cash accounting LO P2 1. Brooks Agency set up a petty cash fund for $140. At the end of the current period

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QS 8-6 Petty cash accounting LO P2 1. Brooks Agency set up a petty cash fund for $140. At the end of the current period the fund contained $37 and had the following receipts: entertainment. $48; postage $28; and printing. $27. Prepare journal entries to record (a) establishment of the fund and (b) reimbursement of the fund at the end of the current period. Vww transaction is Journal entry worksheet ht Record the establishment of the petty cash fund, Note: Entert before credits General Journal Dobit Credit Transaction 10 Record entry Claw entry View general 2. Identify the two events from the following that cause a Petty Cash account to be credited in a journal entry (Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer.) und amount is being reduced Fund amount is being increased. Fund is being eliminated Fund is being established

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