Question

6A-3. The following transactions occurred in April for Jubilant Co.: 2017 Apr. 1 5 8 15 Issued check no. 14 for $140 to establish a petty cash fund. Paid $19 from petty cash for postage, voucher no. 1. Paid $17 from petty cash for office supplies, voucher no. 2. Issued check no. 15 to Reliable Corp. for $150 from past purchases on account. Paid $16 from petty cash for office supplies, voucher no. 3. Issued check no. 16 to Rabbit Corp., $700 for past purchases on account. Paid $19 from petty cash for postage, voucher no. 4. Paid $15 from petty cash for local church donation, voucher no. 5 (a miscellaneous payment). Issued check no. 17 to Jay Moon to pay for office equipment, $800. Replenished petty cash, check no. 18. Assume no shortage or overage. 24 26 28 30 Your tasks are to do the following: a. Record the appropriate entries in the general journal as well as the auxil- iary petty cash record as needed. b. Replenish the petty cash fund on April 30 (check no. 18).

Answer 1

6A3
	Journal entries
Apr-01	Petty cash A/c			140			Petty cash book
	To Bank		140			Date			Dr	Cr
	(Check no .14 )					Apr-01	Check no.14		140
Apr-05	Postage A/c			19		Apr-05	Voucher no.1			19
	To petty cash		19			Apr-08	Voucher no.2			17
	(Voucher no.1)					Apr-17	Voucher no.3			16
Apr-08	Office supplies A/c			17		Apr-24	Voucher no.4			19
	To petty cash		17			Apr-26	Voucher no.5			15
						Apr-30	Check no.18		86
	(Voucher no.2)					Apr-30	Balance			140
Apr-15	Reliable cor A/c			150					226	226
	To Bank		150
	(Check no.15)
Apr-17	Office supplies A/c			16
	To petty cash		16
	(Voucher no.3)
Apr-18	Rabbit cor A/c			700
	To Bank		700
	(Check no.16)
Apr-24	Postage A/c			19
	To petty cash		19
	(Voucher no.4)
Apr-26	Miscelleneous A/c			15
	To petty cash		15
	(Voucher no.5)
Apr-28	Office equipment			800
	To Bank		800
	(Check no.17)
Apr-30	Petty cash A/c			86
	To Bank		86
	(Check no .18 )
6A3
Oct-01	Petty cash A/c			220			Petty cash book
	To Bank		220						Dr	Cr
	(Check no .444 )						Check no.44		220
Oct-05	Postage A/c			29			Voucher no.1			29
	To petty cash		29				Voucher no.2			16
	(Voucher no.1)						Voucher no.3			10
Oct-09	Delivery charges A/c			16			Voucher no.4			13
	To petty cash		16				Voucher no.5			23
	(Voucher no.2)						Voucher no.6			21
Oct-12	Miscelleneous A/c			10			Voucher no.7			12
	To petty cash		10				Shortage			10
	(Voucher no.3)						Check no.445		134
Oct-14	Postage A/c			13			Balance			220
	To petty cash		13						354	354
	(Voucher no.4)
Oct-17	Delivery charges A/c			23
	To petty cash		23
	(Voucher no.5)
Oct-27	Computer supplies A/c			21
	To petty cash		21
	(Voucher no.6)
Oct-28	Postage A/c			12
	To petty cash		12
	(Voucher no.7)
Oct-30	Petty cash A/c			134
	To Bank		134
	(Check no .445 )