Indicate which of the actions (1 through 4) listed would be necessary for each of the situations
Question:
Indicate which of the actions (1 through 4) listed would be necessary for each of the situations (a through f) described below.
1. New cheque written
2. Recorded in general journal
3. Petty cash voucher prepared
4. Recorded in auxiliary petty cash record
—— a. Established petty cash
—— b. Paid $1,000 bill for repairs
—— c. Paid $2 for bandages from petty cash
—— d. Paid $30 for stamps from petty cash
—— e. Paid electricity bill, $250
—— f. Replenished petty cash
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Related Book For
College Accounting A Practical Approach
ISBN: 978-0134166698
13th Canadian edition
Authors: Jeffrey Slater, Debra Good
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