Business, 26.06.2020 16:01 beepbeep123

QS 8-6 Petty cash accounting LO P2 1. Brooks Agency set up a petty cash fund for $260. At the end of the current period, the fund contained $189 and had the following receipts: entertainment, $42; postage, $15; and printing, $14. 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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QS 8-6 Petty cash accounting LO P2 1. Brooks Agency set up a petty cash fund for $260. At the end of...

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