ayaan9573
ayaan9573
04.07.2020 • 
Business

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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