A petty cash fund was originally established with a check for $100. On August 31, which is the period end, the petty cash fund included the following:
$$\begin{array} { | l | r | }
\hline \text { Petty cash receipts: } & \
\hline \text { Postage } & \$ 43.50 \
\hline \text { Office supplies } & 11.85 \
\hline \text { Office equipment repair } & 39.00 \
\hline \text { Cash } & 4.25 \
\hline
\end{array}$$ Prepare the general journal entry to record the replenishment of the petty cash fund on August 31.

Question

A petty cash fund was originally established with a check for $100. On August 31, which is the period end, the petty cash fund included the following:
 $$\begin{array} { | l | r | } 
\hline \text { Petty cash receipts: } & \
\hline \text { Postage } & \$ 43.50 \
\hline \text { Office supplies } & 11.85 \
\hline \text { Office equipment repair } & 39.00 \
\hline \text { Cash } & 4.25 \
\hline
\end{array}$$ Prepare the general journal entry to record the replenishment of the petty cash fund on August 31.

Quizplus · Accepted Answer

The Answer of A petty cash fund was originally established with a check for $100. On August 31, which is the period end, the petty cash fund included the following:
 $$\begin{array} { | l | r | } 
\hline \text { Petty cash receipts: } & \
\hline \text { Postage } & \$ 43.50 \
\hline \text { Office supplies } & 11.85 \
\hline \text { Office equipment repair } & 39.00 \
\hline \text { Cash } & 4.25 \
\hline
\end{array}$$ Prepare the general journal entry to record the replenishment of the petty cash fund on August 31.

A Petty Cash Fund Was Originally Established with a Check