a.
b.
Journalize the entries to record the following: Required: a. On March 1, check is issued to establish a petty cash fund of S1,125, b. On April 1. The amount of cash in the petty cash und is now $122. Check is issued to replenish the fund, based on the following summary of petty cash receipts: office supplies, $594; miscellaneous selling expense, $216; miscellaneous administrative expense, $168. If the amount of the check to replenish the fund plus the balance in the fund do not equal $1,125, record the discrepancy in the cash short and over account." "Refer to the chart of accounts for the exact wording of the account titles. CNOW Journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered On March 1, oumaze the following transaction Check is issued to establish a petty cash rund of $1,125. Refer to the chart of accounts for the exact wording of the account des CNOW joumais do not use lines for Journal explanations. Every ine on a joumal page is used for debit or credit entries. CNOW Journals will automatically indent a credt entry when a credit amount is entered PAGE 1 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POSTRES DEBIT CREDIT LIABILITIES EQUITY ASSETS b. On April 1. journalize the following transaction: The amount of cash in the petty cash hund is now $122. Check is issued to replenish the fund, based on the following summary of petty cash receipts: office supplos, $594; miscellaneous soling exponse, $216; miscellaneous administrative expense, $168. W the amount of the check to replenish the fund plus the balance in the fund do not equal $1,125, record the discrepancy in the cash short and over account Roter to the chart of accounts for the exact wording of the account ttles. CNOW journais do not use lines for journal explanations. Every line on a journal pago is used for dobil or credit antrios. CNOW journals will automatically indent a credit entry when a croche amount is entered PAGE 1 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POSTER DEME CREDIT ASSETS LIABILITIES EQUITY