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How do i set this up on the journal? Service World maintains a petty cash fund. The und custod CRUNCI T UR a The fund
How do i set this up on the journal?
Service World maintains a petty cash fund. The und custod CRUNCI T UR a The fund was established when a check for $315 was cashed and deposited into a locked cash box b. An employee submitted a receipt for a customer delivery costing $23 and was reimbursed in full from petty cash. Another employee submitted a receipt for $63 for locksmith repairs to the office door and was reimbursed in full from petty cash. d. An employee submitted a receipt for newspaper advertising that cost the company $53. She was given $53 from the petty cash box e. The petty cash custodian received and cashed a check that fully replenished the petty cash fund. An employee submitted a receipt for $38 for supplies and was reimbursed in full from petty cash. 9. An employee submitted a receipt for $68 for filling up his personal vehicle. He was not reimbursed because it would violate company policy h At the end of the month, a check was given to the petty cash custodian to not only replenish the petty cash fund but also increase the total fund to $435. Required: 1. Prepare any required journal entries (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 4 5 6 7 The fund was established when a check for $315 was cashed and deposited into a locked cash box. Record the transaction. Note: Enter debits before credits Transaction General Journal Debit Credit Step by Step Solution
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