Set up a cash disbursements journal and enter the following transactions in appropriate columns (20 marks) On July 2, wrote a cheque for cash to establish a petty cash fund of $100 00 On July 2, paid Petro Canada bill relating to June gas expenses, $125 26 Paid Orme Supplies bill for $85 relating to therapy supplies on July 4 On July 5, issued a $1200 cheque to Whitman, Watkins Insurance for insurance for the coming year On July 6, Dr Pasholko withdrew $2,000 for personal use Shes leaving for two weeks holiday, but has signed some cheques that you can use while shes away Paid Therapist News bill for $95 00 on July 9 On July 10, paid Squamish Internet Ltd $32 95 July 13 is payday Your pay cheque is $2,000 00 (normal salary amount) Paid Pacific Northwest Hydro bill covering June electric expenses $115 60 on July 16 On July 20, paid Pacific Communications Inc $111 25 for telephone services for June The office is closed for one week On July 30, you and Dr Pasholko were back at work On the last day of the month, you wrote your normal salary cheque, paid Great Eastern Management Co $1200 for the office rent On the last day of the month, also wrote a cheque to reimburse the petty cash fund for the amount needed to bring it back to $100 Write the required cheques, ensuring the balance is recorded on the cheque stub Opening balance on July 2 is $15,893 26 (20 marks) Set up the petty cash record and enter the following transactions into it (10 marks) July 4, paid the courier $14 50 for a collect delivery July 5, used $28 90 from petty cash to purchase pizza and soft drinks for the office team meeting July 9, purchased paper clips and staples for $8 97 July 17, spent $9 26 purchasing coffee supplies July 30, spent $4 82 purchasing fresh cookies for office

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Set up a cash disbursements journal and enter the following transactions in appropriate columns. (20 marks)

On July 2, wrote a cheque for cash to establish a petty cash fund of $100.00
On July 2, paid Petro-Canada bill relating to June gas expenses, $125.26.
Paid Orme Supplies bill for $85 relating to therapy supplies on July 4.
On July 5, issued a $1200 cheque to Whitman, Watkins Insurance for insurance for the coming year.
On July 6, Dr. Pasholko withdrew $2,000 for personal use. Shes leaving for two weeks holiday, but has signed some cheques that you can use while shes away.
Paid Therapist News bill for $95.00 on July 9.
On July 10, paid Squamish Internet Ltd. $32.95.
July 13 is payday. Your pay cheque is $2,000.00 (normal salary amount).
Paid Pacific Northwest Hydro bill covering June electric expenses: $115.60 on July 16.
On July 20, paid Pacific Communications Inc. $111. 25 for telephone services for June.
The office is closed for one week.
On July 30, you and Dr. Pasholko were back at work.
On the last day of the month, you wrote your normal salary cheque, paid Great Eastern Management Co. $1200 for the office rent.
On the last day of the month, also wrote a cheque to reimburse the petty cash fund for the amount needed to bring it back to $100.

Write the required cheques, ensuring the balance is recorded on the cheque stub. Opening balance on July 2 is $15,893.26. (20 marks)

Set up the petty cash record and enter the following transactions into it. (10 marks)

July 4, paid the courier $14.50 for a collect delivery
July 5, used $28.90 from petty cash to purchase pizza and soft drinks for the office team meeting
July 9, purchased paper clips and staples for $8.97
July 17, spent $9.26 purchasing coffee supplies.
July 30, spent $4.82 purchasing fresh cookies for office