eBook Show Me How Journal Instructions Journalize the necessary entries for each of the following: Required: a. On March 1, issued a check to establish a petty cash fund of $1,410 b. On April 1, the amount of cash in the petty cash fund is $440. Issued a check to replenish the fund, based on the following summary of petty cash receipts repair expense $850, and miscellaneous solling expenso, $80. Record any missing funds in the cash short and over account *Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered, CP 9 949 structions hart of Accounts CHART OF ACCOUNTS General Ledger ASSETS REVENUE 110 Cash 410 Sales 111 Petty Cash 610 Interest Revenue 120 Accounts Receivable 131 Notes Receivable EXPENSES 132 Interest Receivable 510 Cost of Merchandise Sold 141 Merchandise Inventory 145 Office Supplies 515 Credit Card Expense 516 Cash Short and Over 11 Ora Qulles 520 Salaria. Eynance Journal structions hart of Accounts 193 Unile suppies rumore amor 146 Store Supplies 151 Prepaid Insurance 181 Land 191 Office Equipment 192 Accumulated Depreciation Office Equipment 193 Store Equipment 194 Accumulated Depreciation Store Equipment 520 Salaries Expense 531 Advertising Expense 532 Delivery Expense 533 Insurance Expense 534 Office Supplies Expense 535 Rent Expense 536 Repairs Expense 537 Selling Expenses 538 Store Supplies Expense 561 Depreciation Expense-Office Equipment 562 Depreciation Expense-Store Equipment 591 Miscellaneous Administrative. Fxnense LIABILITIES 210 Accounts Payable 221 Notes Payable 222 Interest Pavabla o Journal Instructions Chart of Accounts LIABILITIES 210 Accounts Payable 221 Notes Payable 537 Selling Expenses 538 Store Supplies Expense 561 Depreciation Expense-Office Equipment 562 Depreciation Expense-Store Equipment 591 Miscellaneous Administrative Expense 592 Miscellaneous Selling Expense 710 Interest Expense 222 Interest Payable 231 Salaries Payable 241 Sales Tax Payable EQUITY 310 Owner, Capital 311 Owner, Drawing ORA 9 Journal instructions Chart of Accounts Journal a. On March 1, issued a check to establish a petty cash fund of S1,410 Refer to the chart of accounts for the exact wording of the account lines for journal explanations. Every line on a journal page is used for debit or credit entries CNOW journals will automatically indent a cred entered JOURNAL DATE DESCRIPTION POST. REF. DEBIT CREDIT ASSI eBook Show Me How Journal nitruction Chart of Accoun Instructions Chart of Accounts Journal b. On April 1, the amount of cash in the petty cash fund is $440 Issued a check to replenish the fund, based on the following summary of pe expense. $850, and miscellaneous selling expense, $80. Record any missing funds in the cash short and over account Refer to the charto of the account titles CNOW journals do not use lines for journal explanations. Every line on a joumal page is used for debit or credit entries automatically indent a credit entry when a credit amount is entered JOURNAL DATE DESCRIPTION POST REK DEBIT CREDIT ASSI Instructions Chart of Accounts Journal automatically indent a credit entry when a credit amount is entered JOURNAL DESCRIPTION DATE DEBIT POST. REF. CREDIT 3 0 9496
