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Prepare journal entries for lasalle company

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LaSalle Company established a petty cash fund on May 1, cashing a check for $100. The company reimbursed the fund on June 1 and July 1 with the following results.

June 1: Cash in fund $1.75.

Receipts: delivery expense $31.25; postage expense $41; and miscellaneous expense $25.

July 1: Cash in fund $3.25.

Receipts: delivery expense $21; entertainment expense $51; and miscellaneous expense $24.75.

On July 10, LaSalle increased the fund from $100 to $150.00.

Prepare journal entries for LaSalle Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Reference no: EM13508199

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