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Adam's Dance Studio created a $250 imprest petty cash fund. During the month, the fund custodian authorized and signed petty cash tickets as follows: Click
Adam's Dance Studio created a $250 imprest petty cash fund. During the month, the fund custodian authorized and signed petty cash tickets as follows: Click the icon to view the petty cash tickets.) Read the requirements Requirement 1. Make the general journal entry to create the petty cash fund. Include an explanation (Record debits first, tren, credits Select the explanation on the last line of the journal entry table.) Date Accounts and Explanation Debit Credit Data table X Petty Cash Ticket No. Item Account Debited Amount Ticket No. 1 Delivery of programs to customers Delivery Expense $ 25 Ticket No. 2 Mail package Postage Expense 20 Ticket No.3 Newsletter Printing Expense 50 Ticket No. 4 Key to closet Miscellaneous Expense 60 Ticket No.5 Copier paper Office Supplies 75 Print Done
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