Question
How to record in general journal format the following cash transactions for ACE company. April1 check was written for $200 to establish a petty cash
How to record in general journal format the following cash transactions for ACE company.
April1 check was written for $200 to establish a petty cash fund.
April 15 check was issued to replenish the fund based upon the following receipts/information:
Office supplies. $25.98
Delivery charges 57.14
Postage fees. 77.25
Parking fees. 27.00
The cash drawer contained 11.00
April 25 check was issued to increase the amount of the fund to $300
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Accounting and Finance An Introduction
Authors: Peter Atrill, Eddie McLaney
8th edition
129208829X, 1292088297, 978-1292088297
