Business, 04.07.2020 18:01 Confusedandlazy
1. Brooks Agency set up a petty cash fund for $290. At the end of the current period, the fund contained $199 and had the following receipts: entertainment, $51; postage, $30; and printing, $10. Prepare journal entries to record (a) establishment of the fund and (b) reimbursement of the fund at the end of the current period.
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1. Brooks Agency set up a petty cash fund for $290. At the end of the current period, the fund conta...
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