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Instructions Chart of Accounts General Journal Instructions On April 2, Granger Sales decides to establish a $400 petty cash fund to relieve the burden on
Instructions Chart of Accounts General Journal Instructions On April 2, Granger Sales decides to establish a $400 petty cash fund to relieve the burden on Accounting. Required: (a) Journalize the establishment of the fund." (b) On April 10, the petty cash fund has receipts for mail and postage of $64, contributions and donations of $18, meals and entertainment of $90, and $225 in the ending cash balance. Journalize the replenishment of the fund." (c) On April 11, Granger Sales decides to increase petty cash to $570. Journalize this event. Refer to the Chart of Accounts for exact wording of account titles
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