Answered step by step
Verified Expert Solution
Question
1 Approved Answer
On June 30 th , the company replenished the fund, the following information is available: Cash left in the petty cash box $3.25 Delivery expense
On June 30th, the company replenished the fund, the following information is available:
- Cash left in the petty cash box $3.25
- Delivery expense receipt $31.00
- Entertainment expense receipts $71.00
- Supplies $ 44.75
Note that the company decided to replenish the fund to $200 instead of $150.
Record the expenses and replenish the fund: (5 marks)
Date | Accounts/Explanation | Ref | Debit | Credit |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started