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Instructions Prepare journal entries for Setterstrom Company for May 1, June 1, July 1, and July 10. E7.8 (LO 2), AP Horvath Company uses
Instructions Prepare journal entries for Setterstrom Company for May 1, June 1, July 1, and July 10. E7.8 (LO 2), AP Horvath Company uses an imprest petty cash system. The fund was established on March 1 with a balance of $100. During March, the following petty cash receipts were found in the petty cash box. Date Receipt No. 3/5 1 7 2 9 3 11 14 4 5 For Stamps Freight-Out Miscellaneous Expense Travel Expense Miscellaneous Expense Amount $39 21 6 24 5 The fund was replenished on March 15 when the fund contained $2 in cash. On March 20, the fund was increased to $175. Instructions Journalize the entries in March that pertain to the operation of the petty cash fund. il the bank halance at January 31 Rachel's reconcilia-
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