Maureen Miller operates T-Shirt Trends, a T-shirt specialty business. She established a petty cash fund on February 1 by writing Check 336 for $100. She also records all petty cash disbursements in a petty cash register. Petty cash disbursements are usually made for expenses such as office supplies, delivery expense, miscellaneous expenses, and advertising expense. 

Instructions

On the forms provided in your working papers:

1. Record the establishment of the petty cash fund on the first line of the petty cash register, page 1.

2. Record each of the following petty cash disbursements in the petty cash register.

3. Foot, prove, total, and rule the petty cash register at the end of the month.

4. Reconcile the petty cash fund. An actual cash count of the fund shows a balance of $5.68.

5. Check 362 was issued to replenish the petty cash fund. Record the replenishment information in the petty cash register.

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Date Transactions 1 Paid $1.20 for postage due on a letter, Voucher 101. 3 5 Purchased a $9 ad in the Towne Sentinel paper, Voucher 102. Bought a ream of typing paper for $4.75, issued Voucher 103. Paid $6 for a mailgram, Voucher 104. 6 8 Issued Voucher 105 for $9.90 to Express Couriers in payment for the delivery of packages. 10 Paid the newscarrier $4.10 for daily newspapers and issued Voucher 106. 13 Bought pens, pencils, and memo pads for $6.60, Voucher 107. 15 Purchased a $9.50 advertisement in a local trade journal, Voucher 108. 19 Issued Voucher 109 for $8.70 for office supplies. 22 Express Couriers delivered financial data from a client, $9.90, Voucher 110. 26 27 Issued Voucher 111 for $2.12 for additional postage due on mail. Bought an ad in the Towne Sentinel for $8.70 and issued Voucher 112. Purchased a typewriter ribbon for $5.50, issuing Voucher 113. 28 Voided Voucher 114 due to an error. 28 28 Issued Voucher 115 for $4.10 to the newscarrier. Feb.