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Lee Co. set up a petty cash fund for payments of small amounts. The following transactions involving the petty cash fund occuGeneral Journal General Impact on Requirement Trial Balance Ledger Income Prepare the journal entries for each of the petty cDates: May 01 to: May 31 General Ledger Account Cash Inventory Credit Credit No. Date Debit Balance No. Date Debit Balance ApMiscellaneous expenses Mileage expense No. Date Debit Credit Balance No. Date Debit Credit Balance Apr 30 Apr 30 750 80 AdverDates: May 01 to: May 31 Lee Company Trial Balance May 31, 2019 Credit Account Title Debit Cash 3,935 Inventory Lee, CapitalGeneral Journal General Impact on Requirement Trial Balance Ledger Income Indicate the impact each transaction had on net incMay 31 The company decides that the May 16 increase in the fund was too large. It reduces the fund by $160, leaving a total o

Please write all 5 journal entries with a little description.

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Here is the answer of all 5 journal entry with a little description

Pauliaular Petty Cash fund AIC Crealit Date L4O0 400 To Bauk CBaisg Cleck paid to pety Culh furd) Jautoaial heuuio& Ale MIsco

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