Solution:
Journalizing the Entries for the Following:
Date | General Journal | Debit | Credit |
Sept 1 | Petty Cash | $350 | |
Cash | $350 | ||
Sept 30 | Office Supplies | $116 | |
Postage Expense | $100 | ||
Cash Short & Over | $4 | ||
Cash | $220 |
Journalize the entries to record the following: Established a petty cash fund of $350. The amount...
Journalize the entries to record the following: March 1 Established a petty cash fund of $200. March 31 The amount of cash in the petty cash fund is now $64. The fund is replenished based on the following receipts: office supplies, $137; selling expenses, $12. Record any discrepancy in the cash short and over account.
26. Journalize the entries to record the following: Sept. 1 Established a petty cash fund of $350. 30 The amount of cash in the petty cash fund is now $130. The fund is replenished based on the following receipts: office supplies, S116; postage, $100.Record any missing funds in the cash short and over account. Journal Date Description Post. Ref. Debit Credit Copyright Cengage Learning. Powered by Cognero 25. Using the following information, prepare a bank reconciliation for Miller Co. for...
Calculator Petty Cash Fund Entries Journalize the entries to record the following: a. Check is issued to establish a petty cash fund of $1,500 b. The amount of cash in the petty cash fund is now $510. Check is issued to replenish the fund, based on the following summary of petty cash receipts: office supplies, $574; miscellaneous selling expense, $238; miscellaneous administrative expense, $149. (Because the amount of the check to replenish the fund plus the balance in the fund...
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Journalize the entries to record the following: Check is issued to establish a petty cash fund of $1,300. The amount of cash in the petty cash fund is now $429. Check is issued to replenish the fund, based on the following summary of petty cash receipts: office supplies, $505; miscellaneous selling expense, $209; miscellaneous administrative expense, $131. (Because the amount of the check to replenish the fund plus the balance in the fund do not equal $1,300, record the discrepancy...
Journalize the entries to record the following: a. Check is issued to establish a petty cash fund of $700. b. The amount of cash in the petty cash fund is now $231. Check is issued to replenish the fund, based on the following summary of petty cash receipts: office supplies, $272; miscellaneous selling expense, $113; miscellaneous administrative expense, $70. (Because the amount of the check to replenish the fund plus the balance in the fund do not equal $700, record...
blank sheet. journalize the entries to record the following Petty cash fund entries Instructions Chart of Accounts Journal Instructions Journalize the entries to record the following (refer to the Chart of Accounts for exact wording of account titles): Instructions A. On March 1, Check is issued to establish a petty cash fund of $1,100. B. On April 1, the amount of cash in the petty cash fund is now $107. Check is issued to replenish the fund, based on the...
EX 8-24 Petty cash fund entries OBJ. 6 Journalize the entries to record the following: a. Check is issued to establish a petty cash fund of $750. b. The amount of cash in the petty cash fund is now $176. Check is issued to replen- ish the fund, based on the following summary of petty cash receipts: office supplies, $248; miscellaneous selling expense, $212; miscellaneous administrative expense, $96. (Because the amount of the check to replenish the fund plus the...
69293_1&course_id=_17378_1&.content_id=_12 QUESTION 1 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. Journal Date Post. Description Debit Ref. Credit TT T Arial pi 3 (12pt) E !!!
Problems 1.) A company established a petty cash fund of $100 on September 1. On September 10, the petty cash fund was replenished when there was $16 remaining and there were petty cash receipts for: office supplies, $27; courier, $32; and postage, $22. On September 15, the petty cash fund was increased to $125 in total. Record the above transactions in general journal form.