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Zhiming Company decided to set a petty cash of $20,000 on March 1, xl, and the use and replenishment from March 1 to December
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Answer #1
Date Accounts Debit Crefit
March 1 Petty cash $20000
Cash $20000
Dec 31 supplies expense 4330
Postage expense 2214
Miscellaneous expense 5500
Advertising 6556
Cash short and over 189
Cash (20000-1211) 18789
Dec 31 Petty cash 8789
Cash (10000-1211) 8789
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