Business, 04.03.2020 23:33 kayal1076

Clooney Corp. establishes a petty cash fund for $225 and issues a credit card to its office manager. By the end of the month, employees made one expenditure from the petty cash fund (entertainment, $20) and three expenditures with the credit card (postage, $59; delivery, $84; supplies expense, $49).

Record all employee expenditures, and record the entry to replenish the petty cash fund. The credit card balance will be paid later. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

- Record expenditures from credit card and the petty cash fund.

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Clooney Corp. establishes a petty cash fund for $225 and issues a credit card to its office manager....

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