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Problem 8-03A a-b (Video) Sunland Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of August. Aug. 15 Repleniehed
Problem 8-03A a-b (Video) Sunland Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of August. Aug. 15 Repleniehed the each fund $47.10, postage expense $43.50, and miscellaneous expense $11.40. 16 Increased the amount of the petty cash fund to $305 by writing a check for $105.00. Established the petty cash fund by writing a check payable to the petty cash custodian for $200. .... check for $196.70. On this date. the fund consisted of $3.30 in cash and these petty cash receipts: freight-out $93.00, entertainment expense 31 Replenished the petty cash fund by writing a check for $288.10. On this date, the fund consisted of $16.90 in cash and these petty cash receipts: postage expense $139.80, entertainment expense $92.60, and freight-out $54.60. Journalize the petty cash transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 2 decimal places, e.g. 52.75.) Debit Credit Date Account Titles and Explanation
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