Barton Company established a petty cash fund of $100 on January 3. At January 28, the fund contained cash of $13 and receipts for the following payments. On January 28, the petty cash fund was replenished.
Required:
Record the above events in general journal form to (1) establish the fund, (2) recognize the expenditures.

Question

Barton Company established a petty cash fund of $100 on January 3. At January 28, the fund contained cash of $13 and receipts for the following payments.  On January 28, the petty cash fund was replenished.
Required:
Record the above events in general journal form to (1) establish the fund, (2) recognize the expenditures.

Quizplus · Accepted Answer

The Answer of Barton Company established a petty cash fund of $100 on January 3. At January 28, the fund contained cash of $13 and receipts for the following payments.  On January 28, the petty cash fund was replenished.
Required:
Record the above events in general journal form to (1) establish the fund, (2) recognize the expenditures.

Barton Company Established a Petty Cash Fund of $100 on January