Brooklyn Buttons uses a petty cash imprest system. The
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Brooklyn Buttons uses a petty cash imprest system. The fund was established on September 4 with a balance of $200. On
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Brooklyn Buttons uses a petty cash imprest system. The fund was established on September 4 with a balance of $200. On September 30, there were $50 cash and the following petty cash receipts in the petty cash box: Instructions (a) Record the journal entry on September 4 to establish the petty cash fund. (b) Record the journal entry on September 30 to replenish the fund and decrease the balance to $150?
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