A Petty Cash Fund Was Established with a $299 Balance

question 71

Essay

A petty cash fund was established with a $299 balance. It currently has cash of $76 and petty cash tickets totaling $222 for travel expense. Provide the journal entry to record the replenishment of the fund.

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Definitions:

Ribbon

The strip of buttons and icons located at the top of a software program's window, providing quick access to features and tools.

Documents

Digital or physical papers containing text, data, graphics, or other information, usually structured and stored for future reference.

Scanner

A device that captures images from photographic prints, posters, magazine pages, and similar sources for computer editing and display.

Electrical Power

The generation, distribution, and use of electric energy.