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Please help with journal entries! thanks! Halle's Berry Farm establishes a $400 petty cash fund on September 4 to pay for minor cash expenditures. The
Please help with journal entries! thanks!
Halle's Berry Farm establishes a $400 petty cash fund on September 4 to pay for minor cash expenditures. The fund is replenished at the end of each month. At the end of September, the fund contains $316 in cash. The company has also issued a credit card and authotized its office manager to make purchases. Expenditures for the month include the following items: Required: 1. Record the establishment of the petty cash fund on September 4. 2. Record credit card expenditures during the month. The credit carq balance is not yet paid. 3. Record petty cash expenditures during the month. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the establishment of the petty cash fund on September 4. Note: Enter debits before credits. If no entry is required for a transaction/event, select "No Journal Entry Required" in the first a Journal entry worksheet Record credit card expenditures during the month. The credit card balance is not yet paid. Note: Enter debits before credits. Journal entry worksheet Record petty cash expenditures during the month. Note: Enter debits before credits Step by Step Solution
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