Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A petty cash fund was originally established with a check for $200. On August 31, which is the period end, the petty cash fund included
A petty cash fund was originally established with a check for $200. On August 31, which is the period end, the petty cash fund included the following:
Petty cash receipts: |
|
Postage | $25.50 |
Office supplies | 112.85 |
Office equipment repair | 39.00 |
Cash | 20.25 |
Prepare the general journal entry to record the replenishment of the petty cash fund on August 31.
Date | Description | PR | DR | CR |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started