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Business, 12.03.2020 01:57 fazeyeezy004

Havermill co. establishes a $470 petty cash fund on september 1. on september 30, the fund is replenished. the accumulated receipts on that date represent $95 for office supplies, $181 for merchandise inventory, and $44 for miscellaneous expenses. the fund has a balance of $150. on october 1, the accountant determines that the fund should be increased by $94. the journal entry to record the establishment of the fund on september 1 is:

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Havermill co. establishes a $470 petty cash fund on september 1. on september 30, the fund is replen...
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