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CALCULATOR PRINTER VERSION BACK NEXT Exercise 7-08 Your answer is partially correct. Try again. Marigold Corp. uses an imprest petty cash system. The fund was
CALCULATOR PRINTER VERSION BACK NEXT Exercise 7-08 Your answer is partially correct. Try again. Marigold Corp. uses an imprest petty cash system. The fund was established on March 1 with a balance of $125. During March, the following petty cash receipts were found in the petty cash box. Date Receipt No. 3/5 Amount $30 Stamp Inventory Freight-Out Miscellaneous Expense Travel Expense 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 $185. Journalize the entries in March that pertain to the operation of the petty cash fund. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) ES indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Mar. 1 Petty Cash Cash Postage Expense T Freight-Out Miscellaneous Expense 5 Travel Expense Cash Over and Short T Cash Mar. 20 petty cash TCash Click if you would like to Show Work for this question: Open Show Work e to search
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