Question
Mountain Air Company established a $270 petty cash fund on January 1. From January 2 through 15, payments were made from the fund, as listed
Mountain Air Company established a $270 petty cash fund on January 1. From January 2 through 15, payments were made from the fund, as listed below. On January 17, the fund was replenished with a check for $214. |
a. | January 3Paid cash for deliveries to customers$57. |
b. | January 8Paid cash to restaurant for catering office lunch$111. |
c. | January 15Paid cash for supplies$46. |
Required: |
Prepare the journal entry, if any, required for January. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) |
OPTIONS TO CHOOSE ON THE GENERAL JOURNAL ENTRY TAB:
-No Journal Entry Required
-Accounts Payable
-Accounts Receivable
-Accumulated Amortization
-Accumulated DepreciationBuildings
-Accumulated DepreciationEquipment
-Accumulated DepreciationVehicles
-Accumulated Other Comprehensive Income
-Additional Paid-In Capital, Common Stock
-Additional Paid-In Capital, Preferred Stock
-Additional Paid-In Capital, Treasury Stock
-Advertising Expense
-Allowance for Doubtful Accounts
-Amortization Expense
-Bad Debt Expense
-Bonds Payable
-Buildings
-Cash
-Cash Equivalents
-Cash Overage
-Cash Shortage
-Charitable Contributions Payable
-Common Stock
-Copyrights
-Cost of Goods Sold
-Delivery Expense
-Depreciation Expense
-Discount on Bonds Payable
-Dividends
-Dividends Payable
-Donation Revenue
-Equipment
-FICA Payable
-Franchise Rights
-Gain on Bond Retirement
-Gain on Disposal of PPE
-Goodwill
-Impairment Expense
-Income Tax Expense
-Income Tax Payable
-Insurance Expense
-Interest Expense
-Interest Payable
-Interest Receivable
-Interest Revenue
-Inventory
-Land
-Legal Expense
-Licensing Rights
-Logo and Trademarks
-Loss on Bond Retirement
-Loss on Disposal of PPE
-Natural Resource Assets
-Notes Payable (long-term)
-Notes Payable (short-term)
-Notes Receivable (long-term)
-Notes Receivable (short-term)
-Office Expenses
-Other Current Assets
-Other Noncurrent Assets
-Other Noncurrent Liabilities
-Other Operating Expenses
-Other Revenue
-Patents
-Payroll Tax Expense
-Petty Cash
-Preferred Stock
-Premium on Bonds Payable
-Prepaid Advertising
-Prepaid Insurance
-Prepaid Rent
-Rent Expense
-Rent Revenue
-Repairs and Maintenance Expense
-Restricted Cash (long-term)
-Restricted Cash (short-term)
-Retained Earnings
-Salaries and Wages Expense
-Salaries and Wages Payable
-Sales Discounts
-Sales Returns and Allowances
-Sales Revenue
-Sales Tax Payable
-Service Revenue
-Short-term Investments
-Software
-Subscription Revenue
-Supplies
-Travel Expense
-Treasury Stock
-Unearned Revenue
-Unemployment Tax Payable
-Utilities Expense
-Vehicles
-Withheld Income Taxes Payable
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