Question
P4-10 Ocean View Tours established a $200 petty cash fund on January 1. From January 2 through 15, payments were made from the fund, as
P4-10
Ocean View Tours established a $200 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 cheque. On January 30, the fund was increased to $300.
January 3Paid cash for deliveries to customers$43 January 8Paid cash for catering an office birthday lunch$83 January 15Paid cash for supplies$32
REQUIRED:
1. Prepare the journal entry, if any, required on January 1. 2. Prepare the journal entries, if any, required on January 2 through 15. 3. Prepare the journal entries, if any, required on January 17. 4. Prepare the journal entries, if any, required on January 30.
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