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Question 3 10 Urus Company establishes a $10 petty cash fund on October 1 On October 31 the fund shows $110 in cash plus receipts
Question 3 10 Urus Company establishes a $10 petty cash fund on October 1 On October 31 the fund shows $110 in cash plus receipts for the following expenditures: Travel expenses $106, cleaning experts $231: postage 572, w celoupe 1313 The manager han decided to increase the fund to $800 on November 1 (10 Marks) Required Prepare the journal entry to set up the fund on October Prepare the journal entry to replenish the fund on October 31 Prepare the journal entry to increase the fund to $600 on November 1 Copy the below general Journal template into your answer space and then record your answer in it. Date Account Details Deb Credit
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