The petty cash fund of Fonzarellis Auto Repair Service, a sole proprietorship, contains the following. The general
Question:
The general ledger account Petty Cash has a balance of $300.
Instructions
Prepare the journal entry to record the reimbursement of the petty cashfund.
Transcribed Image Text:
1. Coins and currency 2. Postage stamps 3. An l.O.U. from Richie Cunningham, an $15.20 2.90 employee, for cash advance 40.00 4. Check payable to Fonzarelli's Auto Repair from Pottsie Weber, an employee, marked NSF 34.00 5. Vouchers for the following: Stamps Two Rose Bowl tickets for Nick Fonzareili Printer cartridge $ 20.00 170.00 14.35 204.35 $296.45
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Accounts Receivable x Employees 7400 4000 3400 Nick Fo...View the full answer
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Related Book For
Intermediate Accounting principles and analysis
ISBN: 978-0471737933
2nd Edition
Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso
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