The petty cash fund of the brooks agency is established at, Ask an Expert

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The petty cash fund of the Brooks Agency is established at $150. At the end of the current period, the fund contained $28 and had the following receipts: film rentals, $24, refreshments for meetings, $46 (both expenditures to be classified as Entertainment Expense); postage, $30; and printing, $22.

Prepare journal entries to record reimbursement of the fund at the end of the current period.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9960508

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