Question
A petty cash box(fund) contained the following items: Currency & coins$ 23 Receipts for: Delivery charges $ 42, Office Supplies $ 50, and Restaurant receipt
A petty cash box(fund) contained the following items:
Currency & coins$ 23
Receipts for: Delivery charges $ 42, Office Supplies $ 50, and Restaurant receipt for entertaining a customer $ 110. There was also an IOU from an employee of $ 25.
If the petty cash fund was established at the beginning of the year with $ 250. Prepare the journal entry for the establishment of the petty cash account.
A petty cash box(fund) contained the following items:
Currency & coins$ 23
Receipts for: Delivery charges $ 42, Office Supplies $ 50, and Restaurant receipt for entertaining a customer $ 110. There was also an IOU from an employee of $ 25.
The petty cash fund was established at the beginning of the year with $ 250. Give the journal entry to replenish the fund using the data listed
What is the diffrence between these question and how can i solve them. The teacher didnt give me the answers for this part of my review
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
