Required: 1. Prepare Gambit's general journal entry to record both the reimbursement and the increase of the petty fund on January 30. 2. Prepare the January bank reconciliation for Gambit. 3. Prepare the general journal entries to bring the company's book balance of cash into conformity with the reconciled balance as of January 30.
Required: 1. Prepare Gambit's general journal entry to record both the reimbursement and the increase of the petty fund on January 30. 2. Prepare the January bank reconciliation for Gambit. 3. Prepare the general journal entries to bring the company's book balance of cash into conformity with the reconciled balance as of January 30.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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