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Recall on February Derrick Company established a $200 petty cash fund


Knowledge Check 01 

Recall on February Derrick Company established a $200 petty cash fund. On February 15, when the fund balance reached 57 the petty cash custodian prepared a petty cash report that summarized receipts for postage and printing 1554. Complete the necessary journal entry by selecting the account names and dollar amounts from the drop-down menus


Recall on February 1, Derck Company established a $200 petty cash fund. On February 15, when the fund balance reached the pretty cash custodian prepared a petty cash report that summered receipts for postage ($140) and printing ($54). 

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