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The BOD of Nancy Inc. authorized the set-up of petty cash fund on December 1, 2020 with an imprest balance of P30,000. The following transactions occurred in December in relation to the petty cash fund.
PCV #/Date Particulars Amount
101/Dec.5 Utilities P5,000102/Dec.9 Office Supplies 4,500103/December 13 Advances to employees 3000
Problem 1: What is the amount of the replenishment check on December 15?
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