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Question No. 4 On July 15, a petty cash fund of $100 was established. On August 12, petty cash fund was replenished when the fund

Question No. 4

On July 15, a petty cash fund of $100 was established. On August 12, petty cash fund was replenished when the fund contains $10 in cash and receipts for postage expense $46, freight-out $30, and miscellaneous expense $16. Prepare the journal entries for July 15 and August 12.

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