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A petty cash fund was originally established with a check for $100. On August 31, which is the period end, the petty cash fund included the following:
Petty cash receipts:
Postage $43.50 Office supplies 11.85 Office equipment repair 39.00Cash 4.25
Problem 1: Prepare the general journal entry to record the replenishment of the petty cash fund on August 31.
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