Journalize the Entries to Record the Following

question 88

Essay

Journalize the entries to record the following:
Sept 1 Established a petty cash fund of $350
Sept 30 The amount of cash in the petty cash fund is now $130.The fund is replenished based on the following receipts: office supplies,$116;postage $100.
Record any discrepancy in the cash short and over account.
Journal

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Definitions:

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A tax levied as a fixed sum on every liable individual without reference to income or resources, historically used to disenfranchise voters, particularly African-Americans in the South.

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