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Exercise 7-33 (Algo) Petty cash [Appendix 7A] The petty cash fund of Ricco's Automotive contained the following items at the end of September 2024: Currency
Exercise 7-33 (Algo) Petty cash [Appendix 7A] The petty cash fund of Ricco's Automotive contained the following items at the end of September 2024: Currency and coins $ 80 Receipts for the following expenditures: Delivery charges $ 27 Printer paper 22 Paper clips and rubber bands 15 64 Lent money to an employee 36 Postage 43 Total $ 223 The petty cash fund was established at the beginning of September with a transfer of $223 from cash to the petty cash account
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