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A Petty Cash Fund Was Established with a $300 Balance

question 105

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A petty cash fund was established with a $300 balance. It currently has cash of $78 and petty cash tickets totaling $222 for travel expense. Please provide the journal entry to record the replenishment of the account.
A petty cash fund was established with a $300 balance. It currently has cash of $78 and petty cash tickets totaling $222 for travel expense. Please provide the journal entry to record the replenishment of the account.


Definitions:

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