Question
Pharoah Companyuses an imprest petty cash system. The fund was established on March 1 with a balance of $125. During March, the following petty cash
Pharoah Companyuses an imprest petty cash system. The fund was established on March 1 with a balance of $125. During March, the following petty cash receipts were found in the petty cash box.
Date
Receipt No.
For
Amount
3/51Stamp Inventory$3672Freight-Out1493Miscellaneous Expense11114Travel Expense46145Miscellaneous Expense9
The fund was replenished on March 15 when the fund contained $6in cash. On March 20, the amount in the fund was increased to $180.
Journalize the entries in March that pertain to the operation of the petty cash fund.(Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)
Date
Account Titles and Explanation
Debit
Credit
choose a transaction date
Mar. 1
Mar. 15
Mar. 20
enter an account title
enter a debit amount
enter a credit amount
enter an account title
enter a debit amount
enter a credit amount
Mar. 15
enter an account title for the journal entry on March 15
enter a debit amount
enter a credit amount
enter an account title for the journal entry on March 15
enter a debit amount
enter a credit amount
enter an account title for the journal entry on March 15
enter a debit amount
enter a credit amount
enter an account title for the journal entry on March 15
enter a debit amount
enter a credit amount
enter an account title for the journal entry on March 15
enter a debit amount
enter a credit amount
enter an account title for the journal entry on March 15
enter a debit amount
enter a credit amount
choose a transaction date
Mar. 1
Mar. 15
Mar. 20
enter an account title
enter a debit amount
enter a credit amount
enter an account title
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