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Journalize the entries to record the following (refer to the Chart of Accounts for exact wording of account titles): Instructions A On March 1, Check

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Journalize the entries to record the following (refer to the Chart of Accounts for exact wording of account titles): Instructions A On March 1, Check is issued to establish a petty cash fund of S1,125. B. On April 1, the amount of cash in the petty cash fund is now $122. Check is issued to replenish the fund, based on the following summary of petty cash receipts: office supplies, S594, miscellaneous selling expense, $216, miscellaneous administrative expense, S168 (Because the amount of the check to replenish the fund plus the balance in the fund do not equal $1,125, record the discrepancy in the cash short and over account.) A. On March 1, joumalize the following transaction: Check is issued to establish a petty cash fund of S1, 125. Refer to the Chart of Accounts for exact wording of account titles PAGE 1 JOURNAL DESCRIPTION POST. REF. DEBIT CREDIT arroLINTING FOLATION ASSETS ABILITIES EQUITY

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