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Prepare journal entries for each of the following (Refer to the Chart of Accounts for exact wording of account titles). Instructions a. On July
Prepare journal entries for each of the following (Refer to the Chart of Accounts for exact wording of account titles). Instructions a. On July 1, Issued a check to establish a petty cash fund of $750. b. The amount of cash in the petty cash fund is $102. Issued a check to replenish the fund, based on the following summary of petty cash receipts: store suppiles, $507, and miscellaneous selling expense, $83. Record any missing funds in the cash short and over account Journal a. On July 1, issued a check to establish a petty cash fund of $750 Refer to the Chart of Accounts for exact wording of account titles How does groding work JOURNAL Score: 25/25 DATE DESCRIPTION POST REF DEBIT CREDIT Jul 1 Petty Cash 750.00 Cash 750.00 Check My Work Check My Work ACCOUNTIN ASSETS LIABIL
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