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George Corp uses a Petty Cash account. The company initially establishes the account with $150.00 During the month of January, the company has the following
George Corp uses a Petty Cash account. The company initially establishes the account with $150.00 During the month of January, the company has the following withdrawals from the account: 1/3 Donuts for the office $10.00 1/5 Printer cartridge for office printer $25.00 1/10 Coffee for the office $ 7.25 1/15 Stamps $35.00 1/25 Miss Office Supplies $44.75 1. Journalize the Establishing of the Petty Cash Account 2. Journalize the end of month reconciliation 3. At the end of the month, George Corp decides to increase the Petty Cash Account to $200.00. Journalize the transaction
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