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

Question:

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 $100 petty cash fund is established. 

31 At the end of the month, $12 cash plus the following paid vouchers exist: donations expense, $20; postage expense, $18; office supplies expense, $25; miscellaneous expense, $25.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

College Accounting A Practical Approach

ISBN: 978-0134166698

13th Canadian edition

Authors: Jeffrey Slater, Debra Good

Question Posted: