Indicate which effect(s) each situation will have:

-________ Filled up the company's truck with gas and used petty cash
A)New check written
B) Recorded in the general journal
C) Recorded in auxiliary petty cash record
D) Petty cash voucher prepared

Question

Indicate which effect(s) each situation will have:

-________ Filled up the company's truck with gas and used petty cash
A)New check written
B) Recorded in the general journal
C) Recorded in auxiliary petty cash record
D) Petty cash voucher prepared

Quizplus · Accepted Answer

The transaction of filling up the company's truck with gas using petty cash will be recorded in the auxiliary petty cash record and a petty cash voucher will be prepared to document the expense.

Indicate Which Effect(s) Each Situation Will Have