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The petty cash fund of CHF250 for the Hansen Company appeared as follows on July 31, 2011:
On July 31, the office manager gives instruction to increase the petty cash fund to CHF300.
-The journal entry to replenish the petty cash fund would include a
Admittance
Refers to the permission granted for entry into a system or location, or in electrical engineering, it’s the measure of how easily an alternating current flows through a conductor.
Partnership
A legal arrangement between two or more parties who agree to do business together and share its profits and losses.
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