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ansactions for Petty Cash, Cash Short and Over adar Springs Company completed the following selected transactions during June: June 1. Established a petty cash fund
ansactions for Petty Cash, Cash Short and Over adar Springs Company completed the following selected transactions during June: June 1. Established a petty cash fund of $610. 12. The cash sales for the day, according to the cash register records, totaled $9,506. The actual cash recelved from cash sales was $9,518. 30. Petty cash on hand was $46. Replenished the petty cash fund for the following disbursements, each evidenced by a petty cash recelpt: June 2 , Store supplies, $67. June 10. Express charges on merchandise purchased, $98 (Merchandise Inventory). June 14. Office supplies, $43. June 15. Office supplies, $49. June 18. Postage stamps, $51 (Office Supplies). June 20. Repair to fax, $122 (Miscellaneous Administrative Expense). June 21. Repair to office door lock, $43 (Miscellaneous Administrative Expense). June 22. Postage due on special delivery letter, $33 (Miscellaneous Administrative Expense). June 28. Express charges on merchandise purchased, $49 (Merchandise Inventory). 30. The cash sales for the day, according to the cash register records, totaled $18,567. 30. The cash sales for the day, according to the cash register records, totaled 518,567 , The actual cash received from cash sales was $18,535, 30. Increased the petty cash fund by 5153. June 30-Replenish June 30 Sale June 30-Petty cash Check My Work Previous Next
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