QUESTION 2

A SURPLUS OF THE PETTY CASH IS RECORDED TO THE DEBIT OR THE CREDIT?

QUESTION 3

Situation: The Beauty Salon Leblanc, where you work has decided to establish a petty cash fund and you are responsible for the management of the Fund.

Here below are the transactions pasted on the first week of the month of June 2019. Open the

Use the excel petty cash register and enter transactions below.

Then determine the amount of the cheque for replenishing the petty cash account. You need replenishing in order to get the $300.00 from the beginning.

The Balance of the Petty Cash at the end of the week was 156.00$

Record the general journal entries of these transactions on the general journal sheets here attached.