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Question - On August 1, 2018, Samson Company established an imprest petty cash fund for P15,000 by writing a check drawn against its general checking account. On August 23, the fund contained the following:
Currency and coins P500
Receipts for office supplies 7,000
Vouchers for advances to company drivers 4,000
Receipts for transportation 1,500
Receipt for notary fee 1,200
Receipts for postage still unused 300
Required - On August 24, the company wrote a check to replenish the fund. What is the amount of replenishment under the imprest fund system?
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