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Ebony Corporation uses a voucher system and completed the following transactions:
Dec. 31 Prepared voucher #301 to replenish the petty cash fund based on the following receipts:
supplies $52, postage $33, and cash over $5.
31 Issued check #1003 in payment of voucher #301.
Required: Prepare general journal entries to record the above transactions. Omit explanations.
Reliable
denotes something or someone that consistently performs well or can be depended upon to deliver accurate or expected results.
Quick Response
A strategy or system designed to rapidly fulfill customer orders, often used in manufacturing and retail to improve service levels.
Strategic Decision
A choice made by a company's top management about the direction and scope of the organization, often having long-term effects.
Layout Design
Layout Design refers to the arrangement of physical facilities such as machinery, equipment, and furniture within a workspace to optimize workflow and productivity.
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