PA5-4 (Algo) (Supplement 5A) Reporting Petty Cash Transactions (LO 5-5, LO 5-S1) [The following information applies to the questions displayed below.) Harristown Hockey Club (HHC) maintains a petty cash fund for minor club expenditures. The petty cash custodian, Wayne Crosby, describes the events that occurred during the last two months: $57 cash to her a. I established the fund by cashing a check from HHC for $285 made payable to me. b. Tom Canuck provided a $77 receipt for repairs to the club's computer, so I paid $77 cash to him. c. Kim Harra provided a receipt for $57 for various supplies she planned to use to decorate the arena later this year I paid d. Trainer Jim bought some equipment that the club intends to use for the next few years. He gave me the receipt and I paid him $87. e On the last day of the month, I prepared a summary of expenditures and requested the fund be replenished. I received and cashed a check from HHC for $221, placing the cash into a locked cash box Wendy Wignes provided receipts for supplies purchased for the club's office for use next month. I paid $132 cash to her. 9. Destiny Hook provided a phone bill showing she had paid $37 for telephone calls made to contact referees for the annual tournament. I paid her $37 cash Gutty McTavish submitted a receipt for $42 for a haircut he received. I did not pay him. On the last day of the month, I received and cashed a check from HHC for $169, placing the cash into the locked cash box PA5-4 (Algo) Part 1 1. Prepare journal entries where required. (If no entry is required for a transaction/event, select "No Journa first account field.) View transaction list Journal entry worksheet 1 2 3 4 5 6 7 8 9 I established the fund by cashing a check from HHC for $285 made payable to me. Record the transaction. Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View general Journal View transaction list X: 2 Tom Canuck provided a $77 receipt for repairs to the club's computer, so I paid $77 cash to him. Record the transaction. pya 3 Kim Harra provided a receipt for $57 for various supplies she planned to use to decorate the arena later this year. I paid $57 cash to her. Record the transaction. 4 Trainer Jim bought some equipment that the club intends to use for the next few years. He gave me the receipt and I paid him $87. Record the transaction. C 5 On the last day of the month, I prepared a summary of expenditures and requested the fund be replenished. I received and cashed a check from HHC for $221, placing the cash into a locked cash box. Record the transaction. Note : = journal entry has been entered Record entry Clear entry View View transaction list EX 5 On the last day of the month, I prepared a summary of expenditures and requested the fund be replenished. I received and cashed a check from HHC for $221, placing the cash into a locked cash box. Record the transaction. 6 Wendy Wignes provided receipts for supplies purchased for the club's office for use next month. I paid $132 cash to her. Record the transaction. 7 Destiny Hook provided a phone bill showing she had paid $37 for telephone calls made to contact referees for the annual tournament. I paid her $37 cash. Record the transaction. 8 Gutty McTavish submitted a receipt for $42 for a haircut he received. I did not pay him. Record the transaction. Note : = journal entry has been entered Record entry Clear entry View g View transaction list EX: 6 Wendy Wignes provided receipts for supplies purchased for the club's office for use next month. I paid $132 cash to her. Record the transaction. aya 7 Destiny Hook provided a phone bill showing she had paid $37 for telephone calls made to contact referees for the annual tournament. I paid her $37 cash. Record the transaction. 8 Gutty McTavish submitted a receipt for $42 for a haircut he received. I did not pay him. Record the transaction. 9 On the last day of the month, I received and cashed a check from HHC for $169, placing the cash into the locked cash box. Record the transaction. Note : journal entry has been entered PA5-4 (Algo) (Supplement 5A) Reporting Petty Cash Transactions [LO 5-5, LO 5-51 [The following information applies to the questions displayed below.) Harristown Hockey Club (HHC) maintains a petty cash fund for minor club expenditures. The petty cash custodian, Way Crosby, describes the events that occurred during the last two months: a. I established the fund by cashing a check from HHC for $285 made payable to me. b. Tom Canuck provided a $77 receipt for repairs to the club's computer, so I paid $77 cash to him. c. Kim Harra provided a receipt for $57 for various supplies she planned to use to decorate the arena later this year. I pai $57 cash to her d. Trainer Jim bought some equipment that the club intends to use for the next few years. He gave me the receipt and I pald him $87 e. On the last day of the month, I prepared a summary of expenditures and requested the fund be replenished. I received and cashed a check from HHC for $221, placing the cash into a locked cash box Wendy Wignes provided receipts for supplies purchased for the club's office for use next month. I paid $132 cash to he g. Destiny Hook provided a phone bill showing she had paid $37 for telephone calls made to contact referees for the annual tournament. I paid her $37 cash. n. Gutty McTavish submitted a receipt for $42 for a haircut he received. I did not pay him. 1. On the last day of the month, I recelved and cashed a check from HHC for $169, placing the cash into the locked cash box PA5-4 (Algo) Part 2 2. If HHC has $1,350 cash, $500 of government Treasury bills purchased four months ago $820 of cash set aside for its workers' compensation insurance, how much will the company report on the balance sheet as "Cash and Cash Equivalents"? Cash and Cash Equivalent