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On March 1 of this year, Mills Company established a Petty Cash Fund, and the following petty cash transactions took place during the month: Mar.
On March 1 of this year, Mills Company established a Petty Cash Fund, and the following petty cash transactions took place during the month: Mar. 1 Cashed check no. 314 for $200 to establish a Petty Cash Fund and put the $200 in a locked drawer in the office 4 Issued voucher no. 1 for taxi fare, $21.05 (Miscellaneous Expense), 7 Issued voucher no. 2 for memo pads, $17.10 Office Supplies). 9 Paid $38.00 for an advertisement in a college basketball program, voucher no. 3. 16 Bought postage stamps, $22.80, voucher no. 4 (Miscellaneous Expense). 20 Paid $25.05 to have snow removed from office front sidewalk, voucher no. S (Miscellaneous Expense) 25 Issued voucher no. 6 for delivery charge. $25.55 28 R. C. Mills, the owner, withdrew $33 for personal use, voucher no. 7. 29 Paid $6.30 for postage, voucher no. 8 (Miscellaneous Expense). 30 Pald $6.90 for delivery charge, voucher no. 9. 31 Issued for cash check no. 372 for $195.75 to reimburse Petty Cash Fund. Required: 1. Joumalize the entry establishing the Petty Cash Fund in the general journal. PAGE GENERAL JOURNAL DOC. NO. DEBIT CREDIT POST. REF DATE DESCRIPTION PETTY CASH PAYMENTS RECORD DISTRIBUTION OF PAYMENTS DATE VOUCHER EXPLANATION OFFICE SUPPLIES MISC PAYMENTS DELIVERY EXPENSE OTHER ACCOUNTS ACCOUNT AMOUNT 20 EXPENSE N 1 Este und ON 314, 5200 4 . Tawe 21.05 2 2 21.05 Memes 17.10 17.10 Advertising program Peams 30 16 30.00 22.30 22.30 20 5 Sow removal 25.05 2 25.05 Delivery charge withdrawal 25.55 25.55 2 3 In con CM 33.00 29 Owing 33.00 6.30 Posts De very charge 6.30 30 6.90 5.00 33 195.75 17.10 32.45 75.20 73.00 ed My Work more Check My Wor Ch. 6 Graded Homework Kati u 4.25 ONO372 195.75 200 3. Journal the main try to run the Petty Fundamentos Pour leavit Dan Round you to the root GENERAL JOURNAL PAGE DATE DESCRIPTION DOC. NO. POST. REF DEEIT CREDIT 20 Hora Hamburveda u 12
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