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Current Attempt in Progress Blossom Company maintains apetty cash fund for small penditures. The following transactions occurred over a two month period Feb 1 Feb
Current Attempt in Progress Blossom Company maintains apetty cash fund for small penditures. The following transactions occurred over a two month period Feb 1 Feb 15 Established petty cash fund by writing a cheque on Algonquin Bank for $200.00 Replenished the petty cash fund by writing achegue for $195.00 On this date the fund consisted of $5.00 in cash and the following petty cash recipes Freight out 582.00 72.60 Postage expense Entertainment pense 38 90 Feb. 28 Replenished the petty cash fund by writinga chegue for $152.00. At this date.thefund consisted of 48.00 in cash and the following petty cash receipts Freight out $42.30 Entertainment expense 25.00 Repairs expense 42.10 Supplies 25.00 Mar. 15 Replenished the petty cash fund by writing a chegue for $187.00 On this date the fund consisted of $1300 in cash and the following petty cash receipts Freight out $37.80 Entertainment pense 53.65 Postage pense 3310 Sen 5700 -/2 E Mar. 15 Replenished the petty cash fund by writing a cheque for $187.00. On this date, the fund consisted of $13.00 in cash and the following petty cash receipts: Freight out $37.80 Entertainment expense 53.65 Postage expense 33.10 Supplies 67.00 Mar. 16 Mar. 31 Increased the amount of the petty cash fund to $250.00 by writing a cheque for $50,00, Replenished the petty cash fund by writing a cheque for $234.00. On this date, the fund consisted of $16.00 in cash and the following petty cash receipts. Postage expense $40.00 Travel expense 76.20 Freight out 46.70 Entertainment expense 69.20 (a) Journalize the petty cash transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit a Journalise the petty cash transaction. (Credit account titles are automatically inderted when amount is enteret. Do not indent manual If he entrybuiredselect "No Entry for the account titles and enter for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit V Rab 15 Feb 20 Mar 15 Mar 33
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