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Clooney Corp. establishes a petty cash fund for $225 and issues a credit card to its office manager. By the end of the month, employees
Clooney Corp. establishes a petty cash fund for $225 and issues a credit card to its office manager. By the end of the month, employees made one expenditure from the petty cash fund (entertainment, $15) and three expenditures with the credit card (postage, $58; delivery, $83, supplies expense, $48). Record all employee expenditures, and record the entr to re lenis the pet cash fund e aed card balance will be paid later r no entry is re ired for a transaction event, select No ournal entry required' in the first account field. Journal entry worksheet Record expenditures from credit card and the petty cash fund Note: Enter debits betore credits Record entry Clear entry View general journal Clooney Corp. establishes a petty cash fund for $225 and issues a credit cand to its office manager. By the end of the month, employees made one expenditure from the petty cash fund (entertainment, S15) and three expenditures with the credit card (postage, $58, delivery $83, supplies expense, $48) Record all employee expenditures, and record the entry to replenish the petty cash fund. The credit card balance will be paid later (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the entry to replenish the petty cash fund. Record entry Clear entry View general journal
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