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6. Petty cash was established at $400. a. Record the journal entry to increase petty cash by 30%. b. If petty cash was used to

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6. Petty cash was established at $400. a. Record the journal entry to increase petty cash by 30%. b. If petty cash was used to pay $27 for stamps and $309 was used to pay for an office party. Make the complete journal entry to reimburse petty cash if there were $133 in the petty cash box. 7. Using the facts below: a. Reconcile the following bank statement for Hunter Co. (Hint: Make sure that your bank balance and ledger balance agree at the end of your reconciliation). b. Make all appropriate adjusting entries . Bank Balance = $1,097 and Ledger Balance = $1,004 Hunter Co. wrote three checks on the last day of the month that have not cleared the bank for $501, $33 and $217. Big Bank charged Hunter Co. a $23 service fee and also collected a note on Hunter Co.' behalf for $306 from one of its customers. The bookkeeper at discovered that Big Money Bank mistakenly debited (reduced) Hunter Co. account for $258. One customer wrote a check, in payment on account, for $692. The check was returned, NSF. A check written by Hunter Co. for $123 was incorrectly journalized as $132. The check was written to pay of one-day equipment rental expense

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