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can someone please help me finish ? thank you Kiona Co. set up a petty cash fund for payments of small amounts. The following transactions
can someone please help me finish ? thank you
Kiona Co. set up a petty cash fund for payments of small amounts. The following transactions involving the petty cash fund occurred in May May 1 Prepared a company check for $300.00 to establish the petty cash fund May 15 Prepared a company check to replenish the fund for the following expenditures made since May 1 a. Paid $88.00 for janitorial services. b. Paid $53.68 for miscellaneous expenses c. Paid postage expenses of $53.50 d. Paid $47.15 to The County Gazette (the local newspaper) for an advertisement. e. Counted $62.15 remaining in the petty cash box May 16 Prepared a company check for $200.00 to increase the fund to $500.00 May 31 The petty cashier reports that $288.20 cash remains in the fund. A company check is drawn to replenish the fund for the following expenditures made since May 15 f. Paid postage expenses of $147.36 g. Reimbursed the office manager for business mileage, $23.50 h. Paid $34.75 to deliver merchandise to a customer, terms FOB destination. May 31 The company decides that the May 16 increase in the fund was too large. It reduces the fund by $100.00, leaving a total of $400.00
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