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Journalize the entries to record the following: March 1 Established a petty cash fund of $869. March 31 The amount of cash in the petty
Journalize the entries to record the following:
March 1 | Established a petty cash fund of $869. |
March 31 | The amount of cash in the petty cash fund is now $707. The fund is replenished based on the following receipts: office supplies, $33 selling expenses, $131. |
Record any discrepancy in the cash short and over account. If an amount box does not require an entry, leave it blank.
Mar. 1 | CashCash Short and OverMiscellaneous ExpensePetty CashSales | - Select - | - Select - |
Accounts ReceivableCashCash Short and OverPetty CashSales | - Select - | - Select - | |
Mar. 31 | CashCash Short and OverOffice SuppliesPetty CashSales | - Select - | - Select - |
Accounts ReceivableCashCash Short and OverSalesSelling Expenses | - Select - | - Select - | |
Cash Short and OverOffice SuppliesPetty CashSalesSelling Expenses | - Select - | - Select - | |
Accounts PayableCashOffice SuppliesPetty CashSelling Expenses | - Select - | - Select - |
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