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Crane Buttons uses a petty cash imprest system. The fund was established on September 4 with a balance of $210. On September 30, there were
Crane Buttons uses a petty cash imprest system. The fund was established on September 4 with a balance of $210. On September 30, there were $55 cash and the following petty cash receipts in the petty cash box: Date Receipt No. For Amount Sept. 5 1 $20 9 2 14 3 4 Freight in (assume perpetual inventory system) Delivery charges on outgoing freight Freight in Supplies Delivery charges on outgoing freight Freight in 18 31 16 20 5 9 22 40 29 6 Record the journal entry on September 30 to replenish the fund and decrease the balance to $140. (Credit account titles are automatically Indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts) Date Account Titles and Explanation Debit Credit Sept. 30 Merchandise Inventory Delivery Expense Supplies Cash Over and Short Cash Q Ac replenishment of fund) Qu
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