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harra harra
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Posts: 1309
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6 years ago
Janet Lee Music created a petty cash fund on July 1, 2014 with an imprest balance of $200. During July, Gerry Lynn, the fund custodian, signed the following petty cash tickets:

Ticket #   Item   Amount
   1   Office supplies   $19.42
   2   Postage    9.00
   3   Courier charges   12.00
   4   Sheet music   77.33
   5   Office supplies   29.14

 On July 31, prior to the replenishment, the fund contained these tickets plus $55.11.

Required:
Prepare journal entries to create the fund, replenish the fund, and increase the fund to $250.

   General Journal
Date   Accounts   Debit   Credit
Textbook 
Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
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raovatallpyraovatallpy
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6 years ago
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harra Author
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6 years ago
thank you × a million
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