Essay
Journalize the entries to record the following:
?Mar. 1 Established a petty cash fund of $300.
31 The amount of cash in the petty cash fund is now $64. The fund is replenished based on the following receipts: office supplies, $137; selling expenses, $112.Record any discrepancy in the cash short and over account.?Journal
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Correct Answer:
Verified
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