If, in exercise E8-2B, cash on hand was $17, prepare the entry to replenish the petty cash

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If, in exercise E8-2B, cash on hand was $17, prepare the entry to replenish the petty cash on July 31. 


Data From Exercise E8-2B

In general journal form, prepare journal entries to establish a petty cash fund on July 2 and replenish it on July 31. 

2018 July 

2 A $104 petty cash fund is established. 

31 At the end of the month, $21 cash plus the following paid vouchers exist: donations expense, $21; postage expense, $18; office supplies expense, $29; miscellaneous expense, $15.

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College Accounting A Practical Approach

ISBN: 978-0134166698

13th Canadian edition

Authors: Jeffrey Slater, Debra Good

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