Which of the following transactions would be recorded in an auxiliary petty cash record?
A) Purchase of first aid supplies
B) Payment of Salaries Expense
C) Owner Withdrawal of $1,200
D) Purchase of a $2,400 piece of Equipment

Question

Quizplus · Accepted Answer

The purchase of first aid supplies is a type of small, incidental expense typically handled through petty cash, making it appropriate for recording in an auxiliary petty cash record.

Which of the Following Transactions Would Be Recorded in an Auxiliary