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Question 1 (20 points) Oppong Corporation completed the following potly cash transactions during December, 2014 December 1 Drew a 5000 DO choque, cashed it, and
Question 1 (20 points) Oppong Corporation completed the following potly cash transactions during December, 2014 December 1 Drew a 5000 DO choque, cashed it, and gave the proceeds and the petty cash box to Stan Frey, the petty cashier December 2 PW 5148 80 for stamps December 3 Purchased paper for office copior $12230 December 4 Paid $131.15 to mail a contract to a client December 7 Paid $134.50 for retreshments for meetings December 10 Paid 5126 40 to mala contract to a client December 11 Purchased ink for office photocopier 5126 95 December 31 Stan Frey sorted the petty cash receipts by accounts affected and exchanged them for a cheque to reimburse the fund for expenditures However, there is only $10000 in Carsh in the fund Enter the journal entry to establish the petty cash fund Enter un appropriato description and enter the date in the format ddmmm (15) Denen Journal Account on Vec Petlya Page 1 F Debe Credit b) Enter the journal entry to to record the reimbursement Enter an appropriate description, and enter the date in the format dd mmm (15) General Accountanation Page 1 F DebiCredit
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