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Prepare the Journal Entries for the Following Petty Cash Transactions

Question 232

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Prepare the journal entries for the following petty cash transactions of Williamson Dental Supplies. Omit explanations.
 Aug. 1  Established a petty cash fund with a $200 balance.  The petty cash fund has $43 in cash and $154 in petty  cash tickets there were issued to pay for Office Expense ($75) and Repair Expense ( $79). Replenished the fund  Aug. 31  and recorded the expenditures.  Oct. 15  Increased the balance of the petty cash fund to $250.\begin{array} { | c | l | } \hline \text { Aug. 1 } & \text { Established a petty cash fund with a } \$ 200 \text { balance. } \\\hline & \begin{array} { l } \text { The petty cash fund has } \$ 43 \text { in cash and } \$ 154 \text { in petty } \\\text { cash tickets there were issued to pay for Office Expense } \\( \$ 75 ) \text { and Repair Expense ( } \$ 79 ) \text {. Replenished the fund }\end{array} \\\text { Aug. 31 } & \text { and recorded the expenditures. } \\\hline \text { Oct. 15 } & \text { Increased the balance of the petty cash fund to } \$ 250 . \\\hline\end{array}

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