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Ankara A.. uses an imprest petty cash system. The fund was established on March 1 with a balance of 100. During March, the following
Ankara A.. uses an imprest petty cash system. The fund was established on March 1 with a balance of 100. During March, the following petty cash receipts were found in the petty cash box. Date Receipt No. For Amount 3/5 1 7 2 Stamp Inventory Freight-Out 39 17 9 3 Miscellaneous Expense 6 11 4 Travel Expense 24 14 5 7 Miscellaneous Expense The fund was replenished on March 15 when the fund contained 4 in cash. On March 20, the amount in the fund was increased to 150. Instructions Journalize the entries in March that pertain to the operation of the petty cash fund.
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