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Instructions a. On July 1, issued a check to establish a petty cash fund of $745 b. The amount of cash in the petty cash
Instructions a. On July 1, issued a check to establish a petty cash fund of $745 b. The amount of cash in the petty cash fund is $110. Issued a check to replenish the fund, based on the following summary of petty cash receipts: store supplies, $512, and miscellaneous Selling expense, $84. Record any missing funds in the cash short and over account General Ledger REVENUE ASSETS 410 Sales 110 Cash 610 Interest Revenue 111 Petty Cash 120 Accounts Receivable EXPENSES 131 Notes Receivable 510 Cost of Merchandise Sold 132 Interest Receivable 141 Merchandise Inventory 145 Office Supplies 146 Store Supplies 151 Prepaid Insurance 181 Land 191 Office Equipment 192 Accumulated Depreciation Office Equipment 193 Store Equipment 194 Accumulated Depreciation-Store Equipment 515 Credit Card Expense 516 Cash Short and Over 520 Salaries Expense 531 Advertising Expense 532 Delivery Expense 533 Insurance Expense 534 Office Supplies Expense 535 Rent Expense 536 Repairs Expense 537 Selling Expenses 538 Store Supplies Expense 561 Depreciation Expense-Office Equipment 562 Depreciation Expense-Store Equipment 591 Miscellaneous Administrative Expense 592 Miscellaneous Selling Expense 710 Interest Expense LIABILITIES 210 Accounts Payable 221 Notes Payable 222 Interest Payable 231 Salaries Payable 241 Sales Tax Payable EQUITY 310 Common Stock 311 Retained Earnings 312 Dividends All transactions on this page must be entered (except for postre(s) before you will receive Check My Work feedback POE JOURNAL 5coret 30/49 ACCOUNTING EQUATION POST. RER BEGIT CREDIT ASSETS LABILI EQUITY 512.00 DATE DESCRIPTION Dec 31 Store Supplies Miscelaneous Selling Expense Cash Short and Over 2 8400 3 123.00
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