Question
Prepare the following petty cash entries. a.Waupaca Company establishes a $350 petty cash fund on September 9. b.On September 30, the fund shows $104 in
Prepare the following petty cash entries.
a.Waupaca Company establishes a $350 petty cash fund on September 9.
b.On September 30, the fund shows $104 in cash along with receipts for the following expenditures: transportation-in, $40; postage expenses, $123; miscellaneous expenses, $80.
c.Increased the fund to $400 on October 1.
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Financial Accounting An International Introduction
Authors: David Alexander, Christopher Nobes
3rd Edition
273709268, 273709267, 978-0273709268
