Principles of Accounting Volume 1
19th Edition
ISBN: 9781947172685
Author: OpenStax
Publisher: OpenStax College
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Textbook Question
Chapter 8, Problem 1EB
Record the following transactions:
A. Started a petty cash fund in the amount of $575
B. Replenished petty cash fund using the following expenses: Auto $18, Office Expenses $35, Postage Expense $56, Miscellaneous Expenses $67. Cash on hand is $399.
C. Increased petty cash by $25.
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Principles of Accounting Volume 1
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