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Carla Vista Boxes uses a petty cash imprest system. The fund was established on February 14 with a balance of $98. On February 28
Carla Vista Boxes uses a petty cash imprest system. The fund was established on February 14 with a balance of $98. On February 28 there were $5 cash and the following petty cash receipts in the petty cash box: Date Receipt No. For Feb. 15 1 Supplies 18 2 Postage expense Amount $11 9 20 Freight in (assume perpetual inventory 20 3 30 system) 21 4 Supplies 11 22 5 Delivery charges on outgoing freight 15 27 10 6 Supplies 23
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