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T . L . Jones Trucking Services establishes a petty cash fund on April 2 for $ 5 0 0 . By the end of
T L Jones Trucking Services establishes a petty cash fund on April for $ By the end of April, the fund has a cash balance of
$ The company has also issued a credit card and authorized its office manager to make purchases. Expenditures for the month
include the following items:
Required:
Record the establishment of the petty cash fund on April
Record credit card expenditures during the month. The credit card balance will not be paid until the following month.
Record petty cash expenditures during the month.
Record the replenishment of the petty cash fund on April th back up to the original amount established on April
If no entry is required for a transactionevent select No Journal Entry Required" in the first account field.
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