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Homework: Homework 7 Save Score: 0 of 1 pt 2 of 6 (0 complete) HW Score: 0%, 0 of 6p E7-17 (similar to) Question Help
Homework: Homework 7 Save Score: 0 of 1 pt 2 of 6 (0 complete) HW Score: 0%, 0 of 6p E7-17 (similar to) Question Help Karen's Dance Studio created a $270 imprest petty cash fund. During the month, the fund custodian authorized and signed petty cash tickets as follows: (Click the icon to view the petty cash tickets.) Read the requirements Requirement 1. Make the general journal entry to create the petty cash fund. Include an explanation. (Record debits first, then, credits. Select the explanation on the last line of the journal entry table.) Date Accounts and Explanation Debit Credit 0 Data Table - X Amount $ 20 X * Requirements Petty Cash Ticket No. Item Account Debited Delivery of programs Delivery Expense to customers Mail package Postage Expense Newsletter Printing Expense Key to closet Miscellaneous Expense Copier paper Office Supplies 1. Make the general journal entry to create the petty cash fund. Include an explanation. 2. Make the general journal entry to record the petty cash fund replenishment. Cash in the fund totals $41. Include an explanation. 3. Assume that Karen's Dance Studio decides to decrease the petty cash fund to $110. Make the general journal entry to record this decrease. Print Done Jer. Print Done Clear All Check
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