prepare journal entries for each of the following: a. Issued a check to establish a petty cash fund of $600
prepare journal entries for each of the
following:
a. Issued a check to establish a petty cash fund of $600
Homework Answers
Most companies keep a small amount of physical cash in hand it is called pettycash.
| No | Account Title and Explanation | Debit | Credit |
| 1 | Petty Cash Fund | $ 600 | |
| Cash | $ 600 | ||
| (To record issue of petty cash fund) |
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prepare journal entries for each of the following: a. Issued a check to establish a petty cash fund of $600
PARTIT Prepare journal entries for each of the following: a. Issued a check to establish a...
PARTIT Prepare journal entries for each of the following: a. Issued a check to establish a petty cash fund of $900. b. The amount of cash in the petty cash fund is $115. Issued a check to replenish the fund, based on the following summary of petty cash receipts: store supplies, $550 and miscellaneous selling expense, $200. Record any missing funds in the Cash Short and Over account. ACCOUNT DR. CR.
Petty Cash Fund Prepare journal entries for each of the following. For a compound transaction, if...
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Petty Cash Fund Prepare journal entries for each of the following. For a compound tra an...
Petty Cash Fund Prepare journal entries for each of the following. For a compound tra an entry, leave it blank. a. Issued a check to establish a petty cash fund of $800. b. The amount of cash in the petty cash fund is $270. Issued a check to replenish the fund, based on the following summary of petty cash receipts: store supplies, $310 and miscellaneous selling expense, $196. Record any missing funds in the cash short and over account. For...
Journalize the entries to record the following: Check is issued to establish a petty cash fund...
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Journalize the entries to record the following: a. Check is issued to establish a petty cash...
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Calculator Petty Cash Fund Entries Journalize the entries to record the following: a. Check is issued...
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Petty Cash Journal Entries 1. Based on the following petty cash information, prepare (a) the journal...
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PARTIT Prepare journal entries for each of the following: a. Issued a check to establish a petty cash fund of $900. b. The amount of cash in the petty cash fund is $115. Issued a check to replenish the fund, based on the following summary of petty cash receipts: store supplies, $550 and miscellaneous selling expense, $200. Record any missing funds in the Cash Short and Over account. ACCOUNT DR. CR.
Petty Cash Fund Prepare journal entries for each of the following. For a compound tra an entry, leave it blank. a. Issued a check to establish a petty cash fund of $800. b. The amount of cash in the petty cash fund is $270. Issued a check to replenish the fund, based on the following summary of petty cash receipts: store supplies, $310 and miscellaneous selling expense, $196. Record any missing funds in the cash short and over account. For...
Prepare journal entries for the following:
a. Establish a Petty Cash Fund for Juliet's Nutrition Counseling
Services for $200.00
b. Prepare a Petty Cash Payment Report for the month of January
2012.
2. Prepare journal entries for the following: a Petty Cash Fund for Juliet's Nutrition Counseling Services for 5 a. Establish b. Prepare a Petty Cash Payment Report for the month of January 2012. The receipts in 200.00 the petty cash box are as follows: Paid for Office Supplies...
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...
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