Question
Please record in general journal format, the following petty cash transactions for Smith Company. June 1 Check was issued for $500 to establish a petty
Please record in general journal format, the following petty cash transactions for Smith Company. June 1 Check was issued for $500 to establish a petty cash fund. (5) June 15 A check was issued to replenish the fund based upon the following receipts/ information: (10) Store supplies $75.77 Delivery charges 97.26 Postage fees 67.25 Parking fees 57.00 Miscellaneous fees 20.73 The cash drawer contained 187.00 June 20 Check was written to decrease the amount of the petty cash fund to $400. (5) June 30 A check was issued to replenish the fund based upon the following receipts/information: (10) Office supplies $85.79 Delivery charges 67.55 Postage fees 72.00 Parking fees 58.00 Miscellaneous fees 40.73 The cash drawer contained 73.50
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