Janson, Corp., maintains a petty cash fund of $225. On July 31, the fund holds $14 cash

Question:

Janson, Corp., maintains a petty cash fund of $225. On July 31, the fund holds $14 cash and petty cash tickets for office supplies, $172, and delivery expense, $32.

Requirements

1. Make the journal entry to replenish the petty cash fund.

2. Janson, Corp., decided to increase the petty cash fund by $25. Prepare the journal entry?

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Financial Accounting

ISBN: 978-0134436111

4th edition

Authors: Robert Kemp, Jeffrey Waybright

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Question Posted: Nov 17, 2017 09:01 AM

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Janson, Corp., maintains a petty cash fund of $225. On July 31, the fund holds $14 cash

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