Journalize the entries to record the following:
Sept 1 Established a petty cash fund of $350
Sept 30 The amount of cash in the petty cash fund is now $130. The fund is replenished based on the following receipts: office supplies, $116; postage $100.
Record any discrepancy in the cash short and over account.
Journal

Correct Answer:
Verified
Q142: List and define each of the five
Q161: Green Valley Bank sent Comstock Industries their
Q163: On April 3rd, Snappy Sales decides to
Q168: Journalize the entries to record the following:
Jun
Q170: The following data were gathered to
Q171: Peaches, Inc. reported the following data in
Q172: Groceries R Us, Inc. reported the following
Q177: The following data is from the
Q178: Identify each of the following reconciling items
Q187: Why would a bank require a company
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents