Use the data in Exercise 8-9. What entry would have been required if the amount of coin
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Use the data in Exercise 8-9. What entry would have been required if the amount of coin and currency had been $247.20? Which of the accounts debited would not appear in the income statement? kj56
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Dec. 2 The petty cash fund was increased to $1,350. 8 Petty Cash Voucher No. 318 for $14.20 delivery expense was prepared and paid. The fund was not replenished at this time. 20 Prepare any necessary journal entries for these transactions. The company decided that the fund was too large and reduced it to $1,120.
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Related Book For
Accounting A Business Perspective
ISBN: 9780075615859
7th Edition
Authors: Roger H. Hermanson, James Don Edwards, Michael W. Maher
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