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Question - Tamarisk, Inc. uses an imprest petty cash system. The fund was established on March 1 with a balance of $115. During March, the following petty cash receipts were found in the petty cash box.
Date
Receipt No.
For
Amount
3/5
1
Stamp Inventory
$38
7
2
Freight-Out
12
9
3
Miscellaneous Expense
10
11
4
Travel Expense
38
14
5
The fund was replenished on March 15 when the fund contained $6 in cash. On March 20, the amount in the fund was increased to $190.
Required - Journalize the entries in March that pertain to the operation of the petty cash fund.
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