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Business, 05.07.2020 01:01 brennanjb00

Clooney Corp. establishes a petty cash fund for $200 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, $48; delivery, $73; supplies expense, $38).Required:Record all employee expenditures, and record the entry to replenish the petty cash fund. The credit card balance will be paid later.

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