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Problem 6-24A Petty cash fund LO 6-4 The following information applies to the questions displayed below. art 1 of 3 Austin Co. established a petty
Problem 6-24A Petty cash fund LO 6-4 The following information applies to the questions displayed below. art 1 of 3 Austin Co. established a petty cash fund by Issuing a check for $255 and appointing Steve Mack as petty cash custodian. Mack had vouchers for the following petty cash payments during the month: $ 45 sints Stamps Miscellaneous items Employee supper money Taxi fare Window-washing service 60 40 eBook Print There was $15 of currency in the petty cash box at the time it was replenished. References Problem 6-24A Part a Required a. Prepare all general journal entries necessary to (1) establish the fund, (2) reimburse employees, (3) recognize the expenses and replenish the fund. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction list
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