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1 Data Table Petty Cash Ticket Number Item Postage for package received Office party Two boxes of stationery Printer cartridges Business dinner Amount 25 10
1 Data Table Petty Cash Ticket Number Item Postage for package received Office party Two boxes of stationery Printer cartridges Business dinner Amount 25 10 35 15 80 4 Print Done Requirement 1. On June 30, how much cash should this petty cash fund hold before it's replenished? Before replenishment, the petty cash fund should hold cash of $ 1 Requirements 1. On June 30, how much cash should this petty cash fund hold before it is 2. Journalize all required entries to (a) create the fund and (b) replenish it. 3. Make the entry on May 1 to increase the fund balance to $400. Include an replenished? Include explanations explanation Print Done Assume that the company prepared all of the closing entries that were required. Using the T-account below, show the applicable postings to Retained Earnings, then its balance. (Use "Clos." and the corresponding number of the applicable closing entry as posting references-e.g. "Clos.(1)", "Clos.(2)", etc. Leave any unused cells blank. The adjusted balance of this account has already been entered for you.) Retained Earnings Clos. 3 22,920 BalDt Table Clos. 4 Bal Cash Accounts Receivable Prepaid Rent Office Supplies $ 3,420 3,000 2,100 2,700 35,100 1,200 5,100 8,400 Common Stock Retained Earnings, January 1 Dividends Service Revenue Depreciation Expense- Equipment Salaries Expense Rent Expense Utilities Expense Supplies Expense $12,000 22,920 2,400 1,700 100 200 800 1,200 300 Equipment Accumulated Depreciation-Equipment Accounts Payable Notes Payable (long-term) Choose from any list or enter any number i 2
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