Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Question 34 On September 1. a company established a petty cash fund of $230. On September 10. the petty cash fund was replenished when there
Question 34
On September 1. a company established a petty cash fund of $230. On September 10. the petty cash fund was replenished when there was $81 remaining and there were petty cash receipts for supplies, $53, and postage. $80. On September 15, the petty cash fund was increased to $320. Required: Prepare the journal entries, if any, required on September 1, September 10, and September 15. (If no entry is required for a transaction/event, select "No Journal entry required" In the first account field.) View transaction list X 1 Record an amount of $230 towards petty cash fund. > 2 Record replenishment of petty cash fund. ... 3 Record the entry to increase pretty cash fund on Sep 15. Credit Note : journal entry has been entered Record entry Clear entry View general journal View transaction list no Journal entry worksheet Record an amount of $230 towards petty cash fund. Note: Enter debits before credits. Date General Journal Debit Credit Sept. 1 Record entry Clear entry View general journal Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started