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The Crown Company Established a $1,000 Petty Cash Fund by Issuing

Question 119

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The Crown Company established a $1,000 petty cash fund by issuing a cheque to the custodian on October 1.On October 15,the petty cash fund was replenished and increased to $1,500.The contents of the petty cash fund prior to the October 15 replenishment were: The Crown Company established a $1,000 petty cash fund by issuing a cheque to the custodian on October 1.On October 15,the petty cash fund was replenished and increased to $1,500.The contents of the petty cash fund prior to the October 15 replenishment were: Prepare the general journal entry to record the reimbursement and increasing of the fund on October 15. Prepare the general journal entry to record the reimbursement and increasing of the fund on October 15.

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