Question
Required: the following accounting entries: a. Establish $250 petty cash fund on March, 1. b. Record $84 of office expenses paid out of petty cash
Required: the following accounting entries:
a. Establish $250 petty cash fund on March, 1.
b. Record $84 of office expenses paid out of petty cash at the end of the first quarter. On March 31, there is $166 of cash in the petty cash box.
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Cornerstones Of Financial Accounting
Authors: Jay Rich, Jefferson Jones, Maryanne Mowen, Don Hansen, Donald Jones, Ralph Tassone
2nd Canadian Edition
0176707123, 978-0176707125
