Corporate Financial Accounting 14th Edition by Carl Warren,James Reeve,Jonathan Duchac

تمرين 32

Petty cash fund
Prepare journal entries for each of the following:
A. Issued a check to establish a petty cash fund of $600.
B. The amount of cash in the petty cash fund is $130. Issued a check to replenish the fund, based on the following summary of petty cash receipts: store supplies, $410, and miscellaneous selling expense, $50. Record any missing funds in the cash short and over account.