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5 - 4 Application Problem: Establishing and replenishing a petty cash fund 1 0 9 , 1 0 , 1 1 Instructions: Prepare a petty
Application Problem: Establishing and replenishing a petty cash fund
Instructions:
Prepare a petty cash report for June of the current year using the following information: Amount in fund, $ Petty cash slips supported payment of $ for Postage Expense and $ for Miscellaneous Expense. Actual amount of cash in the petty cash box is $
Journalize the following transactions related to petty cash completed during June of the current year. Use page of a journal. The abbreviation for check is
Transactions:
June Paid cash to establish a petty cash fund, $ C
Paid cash to replenish the petty cash fund, $ C
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