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1. 5-4 APPLICATION PROBLEM (L09, 10, 11), p. 150 1. Prepare Petty Cash Report 2. Journalize Transactions STEP: 1 of 2 Prepare a petty cash
1. 5-4 APPLICATION PROBLEM (L09, 10, 11), p. 150 1. Prepare Petty Cash Report 2. Journalize Transactions STEP: 1 of 2 Prepare a petty cash report for June 30 of the current year using the following information: Amount in fund, $300.00. Petty cash slips supported payment of $155.00 for Postage Expense and $75.00 for Miscellaneous Expense. Actual amount of cash in the petty cash box is $66.00. Use Jun. 30 of the current year as the date. Enter Student's Signature in cells where you would enter the custodian's signature. Petty Cash Report Date: . 20- Custodian: Explanation Reconciliation Replenish Amount Fund Total Payments Less: Total payments Equals: Recorded amount on hand Less: Actual amount on hand bu! Equals: Cash short (over) === Amount to Replenish Grade Step 1 TOTAL SCORE: 0/5 (to complete this step and unlock the next step)
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