Today in Accounting:
1. Peruse the entry on page 234 replenishing petty cash. This is one a challenging entry to a cash payments journal. Credit cash for the total amount of the written check and debit the individual expenses. You may have as many as 4 debits but always just a single credit to cash.
2. Complete problem #6 and #7 on page 239. Use your cash payments journal from Monday. After you total each column print and submit your cash payments journal.
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