Record the general journal entry to reimburse the fund

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On May 1, a company established a $125 petty cash fund. On May 22, the petty cash fund contains $6 in cash and the following paid petty cash receipts: transportation-in on merchandise inventory $25; postage, $21; and office supplies, $66.

Problem 1: Record the general journal entry to reimburse the fund.

Reference no: EM132955205

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