ACC $101-$ HW$8$

Problem $1$:

Use a general journal to record the following petty cash transactions: Be sure to calculate cash over or under when replenishing.

$1-$May Company prepared a check for $$300$ to start a petty cash fund.

$15-$May A physical count shows that $$62\mathrm{.}15$ remains in the cash box.

Company prepared a check to replenish the for the following expenditures:

a$)$ $$88\mathrm{.}00$ cleaning expense

b$)$ $$53\mathrm{.}68$ for miscellaneous expense

c$)$ Postage expense of $$53\mathrm{.}50$

d$)$ $$47\mathrm{.}15$ for advertising expense

$16-$May Company wrote a check to increase the fund balance by $$200.$

$31-$May A physical count shows that $$288\mathrm{.}20$ remains in the cash box.

Company prepared a check to replenish the for the following expenditures:

f$)$ Postage expense of $$147\mathrm{.}36$

g$)$ $$23\mathrm{.}50$ of mileage expense

h$)$ $$34\mathrm{.}75$ of supplies expense

$31-$May Company decides to reduce the fund balance by $$100.$