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What is the purpose of a Petty Cash Fund? Provide an example journal entry that a company might use to set up a Petty Cash

What is the purpose of a Petty Cash Fund? Provide an example journal entry that a company might use to set up a Petty Cash Fund. Additionally, provide two example journal entries of payments from the Petty Cash Fund AND one example journal entry example to replenish the balance in the Fund.

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