PR7-2A financial accounting 13e

OBJ.3, 6 PR 7-2A Transactions for petty cash, cash short and over Cactus Restoration Company completed the following selected transactions during May 2016: Oct. 1. Established a petty cash fund of $750. 12. The cash sales for the day, according to the cash register records, totaled $12,440 The actual cash received from cash sales was $12,465. 31. Petty cash on hand was $157. Replenished the petty cash fund for the following disbursements, each evidenced by a petty cash receipt