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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. The
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 $275 made payable to me. b. Tom Canuck provided a $81 receipt for repairs to the club's computer, so I paid $81 cash to him. c. Kim Harra provided a receipt for $61 for various supplies she planned to use to decorate the arena later this year. I paid $61 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 $91. 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 $233, placing the cash into a locked cash box. Wendy Wignes provided receipts for supplies purchased for the club's office for use next month. I paid $136 cash to her g. Destiny Hook provided a phone bill showing she had paid $41 for telephone calls made to contact referees for the annual tournament. I paid her $41 cash. h. Gutty McTavish submitted a receipt for $46 for a haircut he received. I did not pay him. 1. On the last day of the month, I received and cashed a check from HHC for $177, placing the cash into the locked cash box 2. If HHC has $1,550 cash, $700 of government Treasury bills purchased four months ago, and $860 of cash set aside for its workers compensation insurance, how much will the company report on the balance sheet as "Cash and Cash Equivalents"? Cash and Cash Equivalents 5 Homework Help Save & Sub Check my work 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: al established the fund by cashing a check from HHC for $275 made payable to me. b. Tom Canuck provided a $81 receipt for repairs to the club's computer, so I paid $81 cash to him. c. Kim Harra provided a receipt for $61 for various supplies she planned to use to decorate the arena later this year. I paid $61 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 paid him $91. 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 $233, placing the cash into a locked cash box. Wendy Wignes provided receipts for supplies purchased for the club's office for use next month. I paid $136 cash to her o Destiny Hook provided a phone bill showing she had paid $41 for telephone calls made to contact referees for the annual tournament. I paid her $41 cash. n. Gutty McTavish submitted a receipt for $46 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 $177, placing the cash into the locked cash box Required: 1. Prepare journal entries where required. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) 9 10 of 10 Next > !!!
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