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A petty cash fund was originally established with a check for $100. On August 31, which is the period end, the petty cash fund included
A petty cash fund was originally established with a check for $100. On August 31, which is the period end, the petty cash fund included the following:
Petty cash receipts: | |
Postage | $43.50 |
Office supplies | 11.85 |
Office equipment repair | 39.00 |
Cash | 4.25 |
Prepare the general journal entry to record the replenishment of the petty cash fund on August 31.
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