What would be the journal entry to simultaneously reimburse

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Question - A company has a petty cash fund of P25. At the end of the month, petty cash includes the following:

Currency and coins P1.50

Receipted Vouchers for:

Postage 6.00

Travel 7.50

Donation to Charity 10.00

Required - What would be the journal entry to simultaneously reimburse the fund and increase it to P100?

Reference no: EM132483883

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