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Journalize the entries to record the folowing (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 folowing (refer to the Chart of Accounts for exact wording of account titles) Instructions A On March 1, Check is issued to establish e petty cash fund of $1,050. B. On April , the amount of cash in the petty cash and is now $106. Check is issued to replenish the fund, based on the following summary of petty cash receipts office supplies, $603; miscellaneous selling expense, $183, miscellaneous administrative expense, $136. (Because the amount of the check to replenish the fund plus the balance in the fund do not equal $1,050, record the discrepancy in the cash short and over account) Chart of Accounts REVENUE 410 Sales 610 Interest Revenue ASSETS 110 Cash 111 Petty Cash 120 Accounts Receivable 131 Notes Receivable 132 Interest Receivable 141 Merchandise Inventory 145 Office Supplies 146 Store Supplies 151 Prepaid Insurance 181 Land 191 Office Equipment EXPENSES 510 Cost of Merchandise Sold 515 Credit Card Expense 516 Cash Short and Over 520 Salaries Expense 531 Advertising Expense 532 Delivery Expense 533 Insurance Expense EQUITY 310 Owner, Capital 311 Owner, Drawing 312 Income Summary On March online the following transaction: Check is issued to establish a petty cash fund of $1,050. Refer to the Chart of Accounts for eact wording of account bes. OLBIAL ACCOUNTING EQUATION AJETS UTES OUTY etty cash fund entries Journal Journal 3. On Apr 1, the amount of cash in the petty cash fund is now $106. Check is issued to replenish the fund based on the following summary of pally cost recents office s miscellaneous selling expense, $183, miscellaneous administrative expense, $136. (Because the amount of the check to replenish the fund plus the balance in the fund do n record the discrepancy in the short over count) Refer to the Chart of Accounts for exact wording of account titles e s $603; ow $1,050, JOURNAL ACCOUNTING EQUATION IETS S COUTY

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