Question
Clooney Corp. establishes a petty cash fund for $200. By the end of the month, employees made the following expenditures from the fund: postage, $49;
Clooney Corp. establishes a petty cash fund for $200. By the end of the month, employees made the following expenditures from the fund: postage, $49; delivery, $74; supplies expense, $39; entertainment, $15. |
Record the expenditures from the petty cash fund, and record the entry to replenish the petty cash fund. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) |
Need to: 1) Record the expenditures from the petty cash fund in a general journal. 2) Record the entry to replenish the petty cash fund. Enter debits before credits. Thank you :) |
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