Question
? Joy'sJoy's Dance Studio created a $ 270$270 imprest petty cash fund. During the? month, the fund custodian authorized and signed petty cash tickets as?
?Joy'sJoy's Dance Studio created a $ 270$270 imprest petty cash fund. During the? month, the fund custodian authorized and signed petty cash tickets as? follows: LOADING... ?(Click the icon to view the petty cash? tickets.) ??? Requirement 1. Make the general journal entry to create the petty cash fund. Include an explanation. 2. Make the general journal entry to record the petty cash fund replenishment. Cash in the fund totals $ 83$83. Include an explanation. 3. Assume that Joy'sJoy's Dance Studio decides to decrease the petty cash fund to $ 130$130. Make the general journal entry to record this decrease.
Requirement 3. Assume that Joy's Dance Studio decides to decrease the petty cash fund to $130. Make the general journal entry to record this decrease Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Debit Credit Date Accounts and ExplanationStep by Step Solution
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