Norman Company uses a voucher system along with a petty cash fund.
Record each of the following entries in journal entry form. Assume that Norman Company records all vouchers at gross.
201X
Jan. 7 Purchased $1,500 0f merchandise from Graham Company; voucher no. 150 was prepared; terms 2/10, n/30.
11 Voucher no. 151 was prepared to establish petty cash for $95.
13 Paid amount due Graham Company from voucher no. 150. Issued check no. 55.
14 Check no. 56 was issued to pay voucher no. 151.
27 Voucher no. 152 was prepared to replenish the petty cash fund from the following receipts: supplies, $25; delivery, $35.