Cactus Restoration Company completed the following selected transactions during October 2016:

October 1.

Established a petty cash fund of $750.

12.

The cash sales for the day, according to the cash register records, totaled $12,440. The actual cash received from cash sales was $12,465.

31.

Petty cash on hand was $157. Replenished the petty cash fund for the following disbursements, each evidenced by a petty cash receipt:

October 3.

Store supplies, $390.

7.

Express charges on merchandise sold, $35 (Delivery Expense).

9.

Office supplies, $16.

13.

Office supplies, $22.

19.

Postage stamps, $12 (Office Supplies).

21.

Repair to office file cabinet lock, $15 (Miscellaneous Administrative Expense).

22.

Postage due on special delivery letter, $27 (Miscellaneous Administrative Expense).

24.

Express charges on merchandise sold, $55 (Delivery Expense).

30.

Office supplies, $6.

October 31.

The cash sales for the day, according to the cash register records, totaled $18,820. The actual cash received from cash sales was $18,780.

31.

Decreased the petty cash fund by $100.

Journalize the transactions. Refer to the Chart of Accounts for exact wording of account titles.

CHART OF ACCOUNTS
Cactus Restoration Company
General Ledger
ASSETS
110	Cash
111	Petty Cash
120	Accounts Receivable
131	Notes Receivable
132	Interest Receivable
141	Merchandise Inventory
145	Office Supplies
146	Store Supplies
151	Prepaid Insurance
181	Land
191	Office Equipment
192	Accumulated Depreciation-Office Equipment
193	Store Equipment
194	Accumulated Depreciation-Store Equipment

LIABILITIES

210

Accounts Payable

221

Notes Payable

222

Interest Payable

231

Salaries Payable

241

Sales Tax Payable

EQUITY

310

Owner, Capital

311

Owner, Drawing

312

Income Summary

REVENUE

410

Sales

610

Interest Revenue

EXPENSES

510

Cost of Merchandise Sold

515

Credit Card Expense

516

Cash Short and Over

520

Salaries Expense

531

Advertising Expense

532

Delivery Expense

533

Insurance Expense

534

Office Supplies Expense

535

Rent Expense

536

Repairs Expense

537

Selling Expenses

538

Store Supplies Expense

561

Depreciation Expense-Office Equipment

562

Depreciation Expense-Store Equipment

591

Miscellaneous Administrative Expense

592

Miscellaneous Selling Expense

710

Interest Expense

Journalize the transactions. Refer to the Chart of Accounts for exact wording of account titles.

PAGE 1

JOURNAL

DATE

DESCRIPTION

POST. REF.

DEBIT

CREDIT

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16