ghmentSessionLocator=&inprogress=false Comprehensive Problem 3 Charof Accounts Labels and Amount Descriptions Journal A Bank Reconciliation Balance Sheet Selected transactions completed by Kornett Company during its first fiscal year ended December 31, 2048, were as follows Jan 3 Feb. 26 Apr 14 Issued a check to establish a petty cash fund of $4,500. Replenished the petty cash fund, based on the following summary of petty cash receipts: office supplies, $1,680, miscellaneous selling expense, $S70; miscellaneous administrative expense, $880 Purchased $31,300 of merchandise on account, terms, 1/30. The perpetual inventory system is used to account for inventory Paid the invoice of April 14 Received cash from daily cash sales for $21,200. The amount indicated by the cash register was $21.240 Received a 60-day, 8% note for $180,000 on the Ryanair account Received amount owed on June 2 note plus interest at the maturity date. Assume a 360-day year May 13 17 Jun 2 Aug 1 POST REE CREDIT DERIT DESCRIPTION DATE ghmentSessionLocator=&inprogress=false Comprehensive Problem 3 Charof Accounts Labels and Amount Descriptions Journal A Bank Reconciliation Balance Sheet Selected transactions completed by Kornett Company during its first fiscal year ended December 31, 2048, were as follows Jan 3 Feb. 26 Apr 14 Issued a check to establish a petty cash fund of $4,500. Replenished the petty cash fund, based on the following summary of petty cash receipts: office supplies, $1,680, miscellaneous selling expense, $S70; miscellaneous administrative expense, $880 Purchased $31,300 of merchandise on account, terms, 1/30. The perpetual inventory system is used to account for inventory Paid the invoice of April 14 Received cash from daily cash sales for $21,200. The amount indicated by the cash register was $21.240 Received a 60-day, 8% note for $180,000 on the Ryanair account Received amount owed on June 2 note plus interest at the maturity date. Assume a 360-day year May 13 17 Jun 2 Aug 1 POST REE CREDIT DERIT DESCRIPTION DATE