Question
On October 1, 2016, Ellis Company establishes an imprest petty cash fund by issuing a check for $150 to Pat Harmon, the custodian of the
Instructions:
Prepare the journal entries required to establish the petty cash fund on October 1 and the replenishment of the fund on October 31.
Freight-In $25 Supplies Expense 32 Entertainment of Clients 55 Postage Expense 24
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Financial and Managerial Accounting
Authors: Horngren, Harrison, Oliver
3rd Edition
978-0132497992, 132913771, 132497972, 132497999, 9780132913775, 978-0132497978
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