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Capital Irrigation has anly a Generall Journall in its accounting system and uses i to recard all transactiansHowever, the company recently set up a pety
Capital Irrigation has anly a Generall Journall in its accounting system and uses i to recard all transactiansHowever, the company recently set up a pety cash fund to facilitate payments af small items The talkewing petty cash transactions were noted by the petty cashier as occ Aprl 201 Apr. 1 Received 00nnpany cheque tor $390 to establish the petr cash tnd. Racalvad a company chequa to raplenish tha fund far tha fo lowing axpandhunes mada sinca April 1 and to increaze the und to 3510 a. Paid $104 or jnurial service b. Purchased oftice supplies tor $100 c. Purchased pastagescamps for $33 d. Paid $125 to Tre County Crier for an advertisement in the newspaper e. Discovered that 332 remained in the petty csh box 30 The petty cashier noted 1nat S301 remained in the tund and decided 1hat Apr115 incease in thn fund was ton large Tnarafara, a company chcqua was ssued to raplanish the fund for the foluwing expendiaures made since April 15 and to reduce the fund tu $450 t Purchased office supplies for 5125 g Relmbursed affica managar for husinass auto $61 h. Paid $23 courier charges to delver merchandsc to a custamer Prepare jpumal entes to record the establishment or the tund on Apnl 1 and its replenishments on Aprii 15 and Apri 30 (I no entry is required tor a transactionievent, select "No journal entry required in the tirst account tield.)
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