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Urgent Help Please Question 4 1 points Moon Co, decides to establish a petty cash fund with a beginning balance of $360. At the end
Urgent Help Please
Question 4 1 points Moon Co, decides to establish a petty cash fund with a beginning balance of $360. At the end of the first month the accumulated receipts represent $80 for delivery expenses. $200 for merchandise invertory, and $55 for miscellaneous expenses. The fund has a balance of $20. The Journal entry to reimburse the fund will include O Credit to Petty Cash for $340 O Debit to Cash for $335 C Credit to Cash Short and Over for $25 Debit to Cash Short and Over for 55 Step by Step Solution
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