Table 8-2
The petty cash fund had the following petty cash ticket: $$\begin{array} { l r }
\text { Paper for photocopier } & \$ 100 \
\text { Miscellaneous expense } & 20 \
\text { Freight on inventory purchased. } & 22 \
\text { Postage expense } & \underline{47} \
&\underline{\$ 189}
\end{array}$$
-Refer to Table 8-2. Assume that the business has established a petty cash fund in the amount of $200 and that the amount of cash in the fund at the time of replenishment is $12. The business uses a periodic inventory system.
Prepare the entry to replenish the fund on March 31.

Question

Table 8-2
The petty cash fund had the following petty cash ticket: $$\begin{array} { l r } 
\text { Paper for photocopier } & \$ 100 \
\text { Miscellaneous expense } & 20 \
\text { Freight on inventory purchased. } & 22 \
\text { Postage expense } & \underline{47} \
&\underline{\$ 189}
\end{array}$$
-Refer to Table 8-2. Assume that the business has established a petty cash fund in the amount of $200 and that the amount of cash in the fund at the time of replenishment is $12. The business uses a periodic inventory system.
Prepare the entry to replenish the fund on March 31.

Quizplus · Accepted Answer

The Answer of Table 8-2
The petty cash fund had the following petty cash ticket: $$\begin{array} { l r } 
\text { Paper for photocopier } & \$ 100 \
\text { Miscellaneous expense } & 20 \
\text { Freight on inventory purchased. } & 22 \
\text { Postage expense } & \underline{47} \
&\underline{\$ 189}
\end{array}$$
-Refer to Table 8-2. Assume that the business has established a petty cash fund in the amount of $200 and that the amount of cash in the fund at the time of replenishment is $12. The business uses a periodic inventory system.
Prepare the entry to replenish the fund on March 31.

Table 8-2 the Petty Cash Fund Had the Following Petty

Table 8-2
the Petty Cash Fund Had the Following Petty