Juniper, Corp., maintains a petty cash fund of $215. On July 31, the fund holds $6 cash,

Question:

Juniper, Corp., maintains a petty cash fund of $215. On July 31, the fund holds $6 cash, and petty cash tickets for office supplies, $177, and delivery expense, $25.

Requirements
1. Make the journal entry to replenish the petty cash fund.
2. Juniper, Corp., decided to increase the petty cash fund by $20. Prepare the journal entry.

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Related Book For  book-img-for-question

Financial Accounting

ISBN: 978-0133052152

2nd edition

Authors: Robert Kemp, Jeffrey Waybright

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