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On March 7, Betty decided to use a petty cash fund for her small business. A check of 135 was issued and cashed the 135
On March 7, Betty decided to use a petty cash fund for her small business. A check of 135 was issued and cashed the 135 cash was given to the store supervisor, who was to act as Petty Cashier .the petty cashier was told to Obtain authorized vouches for all payments Petty Cash was to be replenished with the balance in the cash box reached 22.
a) Record the establishment of the fund on March 7. b) On March 19, this summary was prepared: Prepare the entry to replenish the petty cash. c) On March 23, it was deoded to increase the amount of the petty cash fund from $135 to $200. A check of $65 was issued. Record the transaction Do not enter dollar signs or commas in the input boxes. b) Enter the debit accounts in alphabetical order. Enter the debit accounts in alphabetical order Step by Step Solution
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