Adam's Dance Studio created a $250 imprest petty cash fund. During the month, the fund...
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Accounting
Adam's Dance Studio created a $ imprest petty cash fund. During the month, the fund custodian authorized and signed petty cash tickets as follows:
Click the icon to view the petty cash tickets.
Read the requirements.
Requirement Make the general journal entry to create the petty cash fund. Include an explanation. Record debits first, then, credits. Select the explanation on the last line of the journal entry table.
Make the general journal entry to create the petty cash fund. Include an explanation.
Make the general journal entry to record the petty cash fund replenishment. Cash in the fund totals $ Include an explanation.
Assume that Adam's Dance Studio decides to decrease the petty cash fund to $ Make the general journal entry to record this decrease.
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