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Cactus Restoration Company completed the following selected transactions during October 2016: Established a petty cash fund of $750. The cash sales for the day, according
Cactus Restoration Company completed the following selected transactions during October 2016: Established a petty cash fund of $750. The cash sales for the day, according to the cash register records, totaled $11,276. The actual cash received from cash sales was $11,303. Petty cash on hand was $160. Replenished the petty cash fund for the following disbursements, each evidenced by a petty cash receipt: October 1. 12. 31. October 3. Store supplies, $394 7. Express charges on merchandise sold, $37 (Delivery Expense). 9. Office supplies, $10. 13. Office supplies, $22 19. Postage stamps, $13 (Office Supplies). 21 Repair to office file cabinet lock, $14 (Miscellaneous Administrative Expense) 22. Postage due on special delivery letter, $30 (Miscellaneous 24. Express charges on merchandise sold, $54 (Delivery Expense). 30. Office supplies, $6. Administrative Expense) The cash sales for the day, according to the cash register records, totaled $18,049. The actual cash received from cash sales was $18,004. October 31. 31 Decreased the petty cash fund by $115 Journalize the transactions. Refer to the Chart of Accounts for exact wording of account titles
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