Question
Conway Designs established a $110 petty cash fund on October 1, 2023. Prepare the entry to replenish the fund at the end of each of
Conway Designs established a $110 petty cash fund on October 1, 2023. Prepare the entry to replenish the fund at the end of each of the following months of activity
a. The petty cash box contained $13 on October 31 along with receipts for $53 for cleaning. $15 for postage, and $26 for delivery expense and a $56 entertainment expense. The
b. On November 30, the petty cash box contained only two receipts, for a $46 computer repair petty cash custodian counted cash remaining of $19.
c. The petty cash box contained $14 on December 31 plus receipts for $24 for gas expense, $50 for office supplies, and $22 for entertainment expense. In addition to replenishing the fund, it was increased by $55.
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