Journalize the entries to record the following: March 1 Established a petty cash fund of $508....
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Journalize the entries to record the following: March 1 Established a petty cash fund of $508. March 31 The amount of cash in the petty cash fund is now $341. The fund is replenished based on the following receipts: office supplies, $53 selling expenses, $118. Record any discrepancy in the cash short and over account. If an amount box does not require an entry, leave it blank. Mar. 1 Mar. 31 Journalize the entries to record the following: March 1 Established a petty cash fund of $508. March 31 The amount of cash in the petty cash fund is now $341. The fund is replenished based on the following receipts: office supplies, $53 selling expenses, $118. Record any discrepancy in the cash short and over account. If an amount box does not require an entry, leave it blank. Mar. 1 Mar. 31
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