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A Petty Cash Fund Was Established with a $550 Balance

question 169

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A petty cash fund was established with a $550 balance.It currently has cash of $105 and petty cash tickets as shown below:  Travel expense $105 Office supplies expense 310 Equipment rental expense 30\begin{array} { | l | r | } \hline \text { Travel expense } & \$ 105 \\\hline \text { Office supplies expense } & 310 \\\hline \text { Equipment rental expense } & 30 \\\hline\end{array} Which of the following would be the journal entry to replenish the Petty Cash account?


Definitions:

The Spread

The difference between two prices or rates, such as the bid and ask prices in trading or the yield on different securities.

IPO

Initial Public Offering, the process by which a private company goes public by selling its stocks to the general public for the first time.

Security Offerings

The process of issuing new securities to investors in order to raise capital for the corporation. This can include stocks, bonds, or other financial instruments.

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