Riverbed Company designated Jill Holland as petty cash custodian and established a petty cash fund of $220.
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Question:
Riverbed Company designated Jill Holland as petty cash custodian and established a petty cash fund of $220. The fund is reimbursed when the cash in the fund is at $22, which it is. Petty cash receipts indicate funds were disbursed for office supplies $94 and miscellaneous expense $101.
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