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qusetion 1. i neen an answers of this two. qusetion 2. Tony's Dance Studio created a $270 imprest petty cash fund. During the month, the

qusetion 1.
i neen an answers of this two.
image text in transcribed
image text in transcribed
qusetion 2.
image text in transcribed
image text in transcribed
Tony's Dance Studio created a $270 imprest petty cash fund. During the month, the fund custodian authorized and signed petty cash tickets as follows: (Click the icon to view the petty cash tickets.) Read the requirements. Requirement 1. Make the general journal entry to create the petty cash fund. Include an explanation. (Record debits first, then, credits. Select the explanation on the last line of the journal entry table.) Data table The Cash account of First on Alert Security Systems reported a balance of $2,540 at December 31, 2024. There were outstanding checks totaling $400 and a December 31 deposit in transit of $300. The bank statement, which came from Park Cities Bank, listed the December 31 balance of $3,310. Included in the bank balance was a collection of $680 on account from Sally Jones, a First on Alert customer who pays the bank directly. The bank statement also shows a $30 service charge and $20 of interest revenue that First on Alert earned on its bank balance. Prepare First on Alert's bank reconciliation at December 31. LESS: Adjusted book balance, December 31, 2024

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