Question
Journalize the following entry: A check was issued to replenish the Petty Cash fund and to increase the size of the $50.00 fund to $100.00.
Journalize the following entry:
A check was issued to replenish the Petty Cash fund and to increase the size of the $50.00 fund to $100.00. Invoices for this transaction list $23.50 for store supplies, and $18.75 for delivery charges. There is currently $7.75 left in petty cash.
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Step: 1
Journal entries for Petty cash Accounts Ex...
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Principles of Accounting
Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson
12th edition
978-1133603054, 113362698X, 9781285607047, 113360305X, 978-1133626985
