A petty cash fund is established at $100. At the end of May, the fund has a

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A petty cash fund is established at $100. At the end of May, the fund has a cash balance of $36 and petty cash vouchers for postage, $29, and office supplies, $34. Prepare the journal entry on May 31, 2014, to replenish the fund.

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Financial and Managerial Accounting

ISBN: 978-1133940593

10th edition

Authors: Belverd E. Needles, Marian Powers, Susan V. Crosson

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Question Posted: Sep 21, 2024 05:12 AM

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A petty cash fund is established at $100. At the end of May, the fund has a

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2014 May 31 Postage Expense 29 ...View the full answer

Financial and Managerial Accounting

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