highlighted questions: EA1,4,5,7,8,11,12

EA1. LO 8.5. Record the following transactions: A Started a petty cash fund in the amount of $300. B. Replenished petty cash fund using the following expenses: Auto $18, Office Expenses $35, C. Increased petty cash by $50. Postage Expense $56, Miscellaneous Expenses $67. Cash on hand is $124. EA2. LO 8.5 Record the following transactions: A. Started a petty cash fund in the amount of $200. B. Replenished petty cash fund using the following expenses: Auto $15, Office Expenses $20, Postage Expense $81, Miscellaneous Expenses $66. Cash on hand is $10. C. Increased petty cash by $75. EA3. LO 8.5 Record the following transactions: A. Started a petty cash fund in the amount of $300. B. Replenished petty cash fund using the following expenses: Auto $69, Office Expenses $77. Postage Expense $56, Miscellaneous Expenses $98. Cash on hand is $6. C. Increased petty cash by $60. EA4. LO 8.5 Record the following transactions: A. Started a petty cash fund in the amount of $500. B. Replenished petty cash tund using the following expenses: Auto $24. Office Expenses $43, Postage Expense $19, Miscellaneous Expenses $25. Cash on hand is $389. C. The company has decided to reduce the petty cash fund to $300. EAS, LO 8.6 The bank reconciliation shows the following adjustments: Deposits in transit: $1,234 Outstanding checks: $558 Bank service charges: $50 NSF checks: $250 Prepare the correcting journal entry. EA6. LO 8.6 The bank reconciliation shows the following adjustments: Deposits in transit: $852 Notes receivable collected by bank: $1,000; interest: $20 Outstanding checks: $569 Error by bank: $300 Bank charges: $30 Prepare the correcting journal entry. EAT. LO 8.6 Using the following information, prepare a bank reconciliation Bank balance: $3,678 Book balance: $2,547 Deposits in transit: $321 Outstanding checks: $108 and $334 . . ble: $1,000; interest: $35 EAS. LO 8.6 Prepare the journal entry to reconcile the bank statement in Exercise 8.7. EA9. LO 8.6 Using the following information, prepare a bank reconciliation. . Bank balance: $4,587 Book balance: $5,577 Deposits in transit: $1,546 Outstanding checks: $956 Interest income: $56 NSF check: $456 . . EA10. LO 8.6 Prepare the journal entry to reconcile the bank statement in Exercise 8.9. EA11. LO 8.6 Using the following information, prepare a bank reconciliation. Bank balance: $6,988 Book balance: $6,626 Deposits in transit: $1,600 Outstanding checks: $599 and $1,423 Bank charges: $75 Bank incorrectly charged the account $75. The bank will correct the error next month. Check number 2456 correctly cleared the bank in the amount of $234 but posted in the accounting records as $324. This check was expensed to Utilities Expense. EA12. LO 8.6 Prepare the journal entry to reconcile the bank statement in Exercise 8.11