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Business, 30.08.2021 17:30 ndh64

Childers Company, which uses a perpetual inventory system, has an established petty cash fund in the amount of $500. The fund was last reimbursed on November 30. At the end of December, the fund contained the following petty cash receipts: December 4 Merchandise purchased $ 53 December 7 Delivery expense $ 77 December 12 Purchase of office supplies $ 42 December 18 Miscellaneous expense $ 61 If, in addition to these receipts, the petty cash fund contains $257.25 of cash, the journal entry to reimburse the fund on December 31 will include:

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