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Business, 07.10.2021 14:00 cbaillie8462

Havermill Co. establishes a $400 petty cash fund on September 1. On September 30, the fund is replenished. The accumulated receipts on that date represent $88 for Office Supplies, $167 for merchandise inventory, and $37 for miscellaneous expenses. The fund has a balance of $108. On October 1, the accountant determines that the fund should be increased by $80. The journal entry to record the reimbursement of the fund on September 30 includes a:

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Havermill Co. establishes a $400 petty cash fund on September 1. On September 30, the fund is replen...
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