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Help Me Fill Out Petty Cash Table. Blue Spruce Corp.maintains a petty cash fund for small expenditures. These transactions occurred during the month of August.
Help Me Fill Out Petty Cash Table.
Blue Spruce Corp.maintains a petty cash fund for small expenditures. These transactions occurred during the month of August. Aug. 1 15 Established the petty cash fund by writing a check payable to the petty cash custodian for $215.00. Replenished the petty cash fund by writing a check for $211.40. On this date, the fund consisted of $3.60 in cash and these petty cash receipts: freight-out $74.00, entertainment expense $35.00, postage expense $32.90, and miscellaneous expense $68.10. Increased the amount of the petty cash fund to $410.00 by writing a check for $195.00. 16 31 Replenished the petty cash fund by writing a check for $291.00. On this date, the fund consisted of $119 in cash and these petty cash receipts: postage expense $141.00, entertainment expense $95.00, and freight-out $53.00. Post to the Petty Cash account. (Round answers to 2 decimal places, e.g. 52.75.) Petty Cash 8/1 8/16 + 8/31 BalStep by Step Solution
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