Data Table 1 Petty Cash Ticket Number Item Amount Postage for package received Office party Two boxes of stationery Printer cartridges Business dinner 15 35 20 65 2 4 Print Done cash fund with an imgrest balance of $450. During June, Al Frankin, fund custodian, signs the following petty cash tickets: Suppose that on June 1, Cool Oyrations, a dso jockey service, creates a petty E (Cick the lcon to view the pety cash Sckots.) Read the requirements Requirement 1.On June 30, how much cash shouild this petty cash fund hold before i's replenished? Before moleniahment,the pety cash fund should hold cash of s 450 Requirement 2. Joumalice all required entries to (a) create the fund and (b) replenish it Include explanations. (Reoord debits first, then, credits. Select the explanation on the last line of the journal entry table.) Joumalize the creation of the fund on Jone 30, pror to maplonishment, he tund contairs hese tckets pus cash of $282. The accounts affected by petty cash payments are Office Supplies, Entertainment Expense, and Postage Expense. Accounts and Explanation Debit Credit Jun. 1 Pety Cash Joumalize the replenishment of the tund (Propare a single compound joumal enty) Date Debit Credit hoose from any list or enter any number n E (Click the icon to view the ptty easiln On June 30, prior to replenishment, the fund contains these tickets plus cash of Read the requirements. Requirement 1. On June 30, how much cash should this petty cash fund hold be Before replenishment, the petty cash fund should hold cash of 450 Requirement 2. Journalize all required entries to (a) create the fund and (b) repler Journalize the creation of the fund. Date Accounts and Explanation Debit Jun. 1 Petty Cash Cash Cash Short and Over Entertainment Expense Journalize ti Office Supplies bund journal entry-) Date Petty Cash Debit Cr Postage Expense Choose from any list or enter any number in the input fields and then continue to t alize the creation of the fund. ate Accounts and Explanation un. 1 Petty Cash Journalize ti bund j To increase the petty cash fund Date To open the petty cash fund To replenish the petty cash fund Choose from any list or enter any numper in tne input Tieias and then fund with an imprest balance of $450. During June, Al Frankdin, fund austodian, signs the folowing petty cash tickets: Suppose that on June 1, Cool Gyrations, a disc jockey service, creates a petty cash EE (Click the loon to view the pety cash Scknts) O,Jue 30, pror tonpienah et thefund s rese tickets p cash of S282 The acorts anected by petty cash payments are one Suppies. Ente tament Expense. Read the tequirements Joumaline the replienishment of the fund. (Prepare a single compound journal entry) t Accounts and Explanation Debit Credit 1 t Debit (Recond debils first, then, oredits Select the explanation on the last line of the journal entry table.) Credit May 1 Choose from any ist or enter any number in the input felds and then continue to the next questiorn
