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Question Four: 5p 1. May 1: LaSalle SA established a petty cash fund on May 1 for 100. 2. June 1: Replenished petty cash for
Question Four: 5p 1. May 1: LaSalle SA established a petty cash fund on May 1 for 100. 2. June 1: Replenished petty cash for 98.25, Cash in fund 1.75. Receipts: delivery expense 31.25; postage expense 41; and miscellaneous expense 25. 3. July 1: Replenished cash for 96.75 in fund 3.25. Receipts: delivery expense 21; entertainment expense 53; and miscellaneous expense 24.75. Instructions Prepare journal entries for LaSalle SA petty cash transactions
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