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Hello, I need help with the following accounting homework. Question 8 On April 1, 2016, Alpha Company set up a petty cash fund with a
Hello, I need help with the following accounting homework.
Question 8On April 1, 2016, Alpha Company set up a petty cash fund with a balance of $400. At the end of the month, the petty cash box contained vouchers of $75 for postage, $150 for supplies, $60 for gasoline, and cash on hand of $125. On April 30, 2016, the petty cash fund was replenished. Use this information to prepare the General Journal entries (without explanation) for April 1 and April 30 (compound entry). If no entry is required then write "No Entry Required."
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