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Take me to the text On June 20, 2021, Vacation Tours established a $325 petty cash fund. a) Prepare the entry to record the establishment
Take me to the text On June 20, 2021, Vacation Tours established a $325 petty cash fund. a) Prepare the entry to record the establishment of the fund. b) At the end of the month, the petty cash custodiran analyzed all the monthly transactions. She opened the petty cash box and counted $108 cash remaining. There were also two receipts in the petty cash box receipt # 1: $98 - Entertainment and receipt #2: $106 - Travel Record the journal entries for this month's expenses and replenish the fund. c) At the end of the month, Vacation Tours wanted to increase the petty cash fund by $100. Prepare the journal entry to record the increase in petty cash fund. Do not enter dollar signs or commas in the input boxes. For transactions with more than one debit or credit enter the accounts in alphabetical order Date Account Title and Explanation Debit Credit 2021 Jun 20 - Set up the petty cash fund Jun 30 Replenish the petty cash fund Jun 30 . Increase the petty cash float
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