Ramona Company uses a petty cash system. The fund was established on March 1 with a balance

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Ramona Company uses a petty cash system. The fund was established on March 1 with a balance of \(\$ 100\). During March the following petty cash receipts were found in the petty cash box:

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There was no cash over or short. The fund was replenished on March 15. On March 20 the amount in the fund was increased to \(\$ 150\).
\section*{Instructions}
Journalize the entries in March that pertain to the operation of the petty cash fund.

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Financial Accounting Tools For Business Decision Making

ISBN: 9780471169192

1st Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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