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Required information [The following information applies to the questions displayed below] Harristown Hockey Club (HHC) maintains a petty cash fund for minor club expenditures.
Required information [The following information applies to the questions displayed below] Harristown Hockey Club (HHC) maintains a petty cash fund for minor club expenditures. The petty cash custodian, Wayne Crosby, describes the events that occurred during the last two months: a. I established the fund by cashing a check from HHC for $270 made payable to me b. Tom Canuck provided a $80 receipt for repairs to the club's computer, so I paid $80 cash to him c. Kim Harra provided a receipt for $60 for various supplies she planned to use to decorate the arena later this year. I paid $60 cash to her. d. Trainer Jim bought some equipment that the club intends to use for the next few years. He gave me the receipt and I paid him $90. e. On the last day of the month, I prepared a summary of expenditures and requested the fund be replenished. I received and cashed a check from HHC for $230, placing the cash into a locked cash box. f Wendy Wignes provided receipts for supplies purchased for the club's office for use next month. I paid $135 cash to her. g. Destiny Hook provided a phone bill showing she had paid $40 for telephone calls made to contact referees for the annual tournament. I paid her $40 cash. h. Gutty McTavish submitted a receipt for $45 for a haircut he received. I did not pay him. On the last day of the month, I received and cashed a check from HHC for $175, placing the cash into the locked cash box.
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