Question
Moose, Inc. established a $250 petty cash fund three months ago. Today, April 21, the petty cash custodian has $198 in cash and receipts for
Moose, Inc. established a $250 petty cash fund three months ago. Today, April 21, the petty cash custodian has $198 in cash and receipts for the following: $12 in office supplies, $25 in equipment repairs, $ 7 in postage, and $13 in parking fees.
Required: Prepare a compound journal entry to replenish the fund and reduce its size to $200.
Submit the response in a MS Excel file please!
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Business Security Audit And Review Toolkit The Modern Toolkit For Security And Risk Professionals To Grow Their Business And For The Business Owners.
Authors: L Burke Files, Gamal Newry, Ibrahim Yeku
1st Edition
1674831315, 978-1674831312
