Childers Company which uses a perpetual inventory system, has an established petty cash fund in the...
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Childers Company which uses a perpetual inventory system, has an established petty cash fund in the amount of $500. The fund was last reimbursed on November 30. At the end of December the fund contained the following petty cash receipts December 4 December 7 Merchandise purchased Delivery expense December 12 December 181 Purchase of office supplies Miscellaneous expense $47 $71 1.36 855 It in addition to these receipts, the petty cash fund contains $279.75 of cash, the journal entry to reimburse the fund on December 31 will include Muple Choice A debt to Tiensportation is of $3 O A credit to Office Supplies Expense of Sh A credit to Cast of $220 25 C A credit to Cash Over and Shon of $25 A debt to Putty Cash of $3 Childers Company which uses a perpetual inventory system, has an established petty cash fund in the amount of $500. The fund was last reimbursed on November 30. At the end of December the fund contained the following petty cash receipts December 4 December 7 Merchandise purchased Delivery expense December 12 December 181 Purchase of office supplies Miscellaneous expense $47 $71 1.36 855 It in addition to these receipts, the petty cash fund contains $279.75 of cash, the journal entry to reimburse the fund on December 31 will include Muple Choice A debt to Tiensportation is of $3 O A credit to Office Supplies Expense of Sh A credit to Cast of $220 25 C A credit to Cash Over and Shon of $25 A debt to Putty Cash of $3
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