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urgent pls. it is an exam going View Policies Current Attempt in Progress Linda's Cabinet Design established a petty cash fund on April 1, 2024,
urgent pls. it is an exam going
View Policies Current Attempt in Progress Linda's Cabinet Design established a petty cash fund on April 1, 2024, to facilitate the payment of small items. The following petty cash transactions were noted by the petty cash custodian during the month of April 2024: Apr. 1 Received cash of $130 to establish the petty cash fund. 10 The petty cash fund was replenished when there was $30 on hand and the following receipts: a) $23 for supplies b) $43 for freight in charges c) $18 for postage 15 The petty cash fund was increased to $158 Prepare the journal entries required for the above transactions. (Credit account titles are automatically indented when the amount is Apr. 1 Received cash of $130 to establish the petty cash fund. 10 The petty cash fund was replenished when there was $30 on hand and the following receipts: a) \$23 for supplies b) $43 for freight in charges c) \$18 for postage 15 The petty cash fund was increased to $158 Prepare the journal entries required for the above transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.)Step by Step Solution
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