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sed 0 Waupaca Company establishes a $370 petty cash fund on September 9. On September 30, the fund shows $119 in cash along with receipts

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sed 0 Waupaca Company establishes a $370 petty cash fund on September 9. On September 30, the fund shows $119 in cash along with receipts for the following expenditures: transportation.in. $46, postage expenses, $68, and miscellaneous expenses, $131. The petty cashier could not account for a $6 shortage in the fund. The company uses the perpetual system in accounting for merchandise inventory Prepare (1) the September 9 entry to establish the fund, (2) the September 30 entry to reimburse the fund, and (3) an October 1 entry to increase the fund to $410. View transaction list Journal entry worksheet Prepare the journal entry to establish the petty cash fund Note: Enter debits before credits General Journal Date Sept 09 Debit Credit Pray 1 of 5 !! Next >

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