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TEST 2 - Chapters 4,5 and 6 Help Save & Exit Waupaca Company establishes a $460 petty cash fund on September 9. On September 30,
TEST 2 - Chapters 4,5 and 6 Help Save & Exit Waupaca Company establishes a $460 petty cash fund on September 9. On September 30, the fund shows $201 in cash along with receipts for the following expenditures transportation costs of merchandise purchased, $48. postage expenses. $59, and miscellaneous expenses. $138. The petty cashier could not account for a $14 shortage in the fund. The company uses the perpetual system in accounting for merchandise inventory (8 02:22 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 $520 View transaction list Journal entry worksheet Prepare the journal entry to establish the Petty Cash fund. W ELL Homepage - Tenne... Chegg Study Guid... Homepage - Nashv... Homepage - TN eC... A Free Student Softw... Rate TEST 2 - Chapters 4.5, and 6 Saved view SSCHUISE Journal entry worksheet w ay . poye e JCI SUIW. Note TEST 2 - Chapters 4,5, and 6 A Saved Views VISE Journal entry worksheet (8 022152 Record the increase of the petty cash fund. Note: Enter debits before credits. General Journal Debit Credit Date Oct 01 Record entry Clear entry View general journal Graw Next >
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