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please tell me what is the mistake in this sum? Hel Willard Company established a $350 petty cash fund on September 9, 2020. On September
please tell me what is the mistake in this sum?
Hel Willard Company established a $350 petty cash fund on September 9, 2020. On September 30, the fund had $139.50 in cash with receipts for these expenditures: transportation-in, $28.40; office supplies, $99.40; and repairs expense, $77.70. Willard us perpetual method to account for merchandise inventory. The petty cashier could not account for the $5.00 shortage in the fun a. Prepare the September 9 entry to establish the fund. View transaction list View journal entry worksheet No Date General Journal Debit Credit 1 Sep 09, 2020 350 Petty cash Cash 350Step by Step Solution
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