Petty cash fund entries Chart of Accounts Journal Instructions Journalize the entries to record the following refer to the Chart of Accounts for exact wording of account titles) Instructions A on March 1, Check is issued to establish a petty cash fund or $1,100. B. On April , the amount of cash in the petty cash fund is now $107. Check is issued to replenish the fund, based on the following summary of petty cash receipts: office supplies, 5568 miscellaneous selling expense, $219, miscellaneous administrative expense, 3173 (Because the a mount of the check to replenish the und plus the balance in the fund do not equal $1,100, record the discrepancy in the cash short and over account) L Chart of Accounts CHART OF ACCOUNTS General Ledger ASSETS REVENUE 410 Sales 610 Interest Revenue 110 Cash 111 Petty Cash 120 Accounts Receivable 131 Notes Receivable 132 Interest Receivable 141 Merchandise Inventory 145 Office Supplies EXPENSES 510 Cost of Merchandise Sold 515 Credit Card Expense 516 Cash Short and Over 520 Salaries Expense 531 Advertising Expense 532 Delivery Expense 146 Store Supplies 151 Prepaid Insurance 181 Land 191 Office Equipment 192 Accumulated Depreciation Office Equipment | 533 Insurance Expense 534 Office Supplies Expense Chart of Accounts 191 Office Equipment 192 Accumulated Depreciation Office Equipment 193 Store Equipment 194 Accumulated Depreciation-Store Equipment 533 Insurance Expense 534 Office Supplies Expense 535 Rent Expense 536 Repairs Expense 537 Selling Expenses 538 Store Supplies Expense 561 Depreciation Expense-Office Equipment 562 Depreciation Expense-Store Equipment LIABILITIES 210 Accounts Payable 221 Notes Payable 222 Interest Payable 231 Salaries Payable 241 Sales Tax Payable 591 Miscellaneous Administrative Expense 592 Miscellaneous Selling Expense 710 Interest Expense EQUITY 310 Owner, Capital 311 Owner, Drawing 312 Income Summary Journal A On March 1, journalize the following transaction: Check is issued to establish a petty cash fund of $1,100. Refer to the Chart of Accounts for exact wording of account les PAGE 1 JOURNAL ACCOUNTING EQUATION PTION POST REE D ER ASSETS LABIUTIES EQUITY B. On Apnt the amount of cash in the petty cash fund is now $107 Check is issued to replenish the fund, based on the following summary of petty cash recepts: office supplies, $568, miscellaneous selling expense, $219, miscellaneous administrative expense, 5173 (Because the amount of the check to replenish the fund plus the balance in the fund do not equal $1,100, record the discrepancy in the cash short and account Refer to the Chart of Accounts for exact wording of account titles. B. On April 1, the amount of cash in the petty cash and is now $107. Check is issued to replenish the fund, based on the following summary of petty cash receipts office supplies, $568, miscellaneous selling expense, S219; miscellaneous administrative expense, 5173. (Because the amount of the check to replenish the fund plus the balance in the fund do not equal $1,100, record the discrepancy in the cash short and over account) Refer to the Chart of Accounts for exact wording of account des JOURNAL ACCOUNTING EQUATION ASSETS T ES POST RED IT COUNTY
