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Sunland Buttons uses a petty cash imprest system. The fund was established on September 4 with a balance of S200. On September 30, there were
Sunland Buttons uses a petty cash imprest system. The fund was established on September 4 with a balance of S200. On September 30, there were 548 cash and the following petty cash receipts in the petty cash box Amount For Receipt No. $26 Date Sept. 5 9 1 14 2 3 4 5 Freight in (assume perpetual inventory system) Delivery charges on outgoing freight Freight in Supplies Delivery charges on outgoing freight Freight in 10 25 11 22 40 16 20 29 6 Record the journal entry on September 4 to establish the petty cash fund. (Credit account titles are automatically indented we the amount is entered Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the umounts) Debit Credit Date Account Tities and Explanation Sep
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