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HELP ASAP PLEASE Whupace Company establishes a 3450 petty cash fund on September 9 . On Soptember 30, the fund shows 5183 in cash slang
HELP ASAP PLEASE
Whupace Company establishes a 3450 petty cash fund on September 9 . On Soptember 30, the fund shows 5183 in cash slang with receipts for then following erpenditures: trahsportation-in, 555 . posthge expenses, 574 , and miscellaneous expenses, $125. The petty cashier could not eccount for a 5 is shortage in the fund. The company vees the Dorpetual system in accoumting for merchandise invontory. Prepse (7) the September 9 entry to establish the hund, (2) the 5eptereber 30 entry to reimburse the fund, and (3) an October 1 entry to increase the find to 5500 . Journal entry worksheet 3 Prepare the joumal entry to establish the petty cash fund Notel Enter deblts before credits. Woupsca Compary establishes a $450 petty cash fund on September 9 . On September 30 , the fund shows $183 in cash along with recepts for the following expenditures: perpetuat system in accounting for merchandise inventory Prepare (1) the September 9 entry to establish the fund, (2) the 5eptember 30 entry to reimburse the fund, and (3) an October 1 entry to increase the fund to $500. Journal entry worksheet 3 Record the reimbursement of the petty cash fund. Note: Enter debits before credits. Woupace Company establishes 4$450 petty cash fund on September 9 . On 5 eotember 30 , the fund shows $183 in cash along with receipts for the following expendifures. transportation-in, $55; posiege expenses, 574 , and miscethaneous expenses. 5125 . The petty cashiec could not account for a 513 shortage in the fund. The company uses the perpetusi system in accounting for merchandise inventory Propore (1) the September 9 entry to establish the fund, (2) the September 30 entry to reimburse the fund, and (3) an October 1 entry to increase the fund to 5500 . Journal entry worksheet Record the increase of the petty cash fund. Note: Enter debits before credits Step by Step Solution
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