Journalize the entries to record the following:
June 1 Established a petty cash fund of $200.
30 The amount of cash in the petty cash fund is now $57. The fund is replenished based on the following receipts: postage, $25; entertainment, $100; and miscellaneous, $20. Record any missing funds in the cash short and over account.
Journal
Correct Answer:
Verified
Q143: For each of the following, explain whether
Q163: The last custodian of the petty cash
Q165: Green Valley Bank sent Comstock Industries its
Q166: On August 3, Sonar Sales decides to
Q167: On April 3, Snappy Sales decides to
Q169: Bank reconciliation information for Kaden Co.
Q170: The bank statement for Farmer Co.
Q171: Accompanying a bank statement for Marsh Land
Q172: The bank statement for Jeffrey Co. indicates
Q173: Journalize the entries to record the following:
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents