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The petty cash fund of $200 for Ginther Company appeared as follows on December 31, 2015: Cash $61.60 Petty Cash Vouchers Freight-in $27.40 Postage 45.00
The petty cash fund of $200 for Ginther Company appeared as follows on December 31, 2015:
Cash $61.60
Petty Cash Vouchers
Freight-in $27.40
Postage 45.00
Ballons for a special occasion 63.00
On December 31, the office manager gives instructions to increase the petty cash fund by $50. Make the appropriate journal entry.
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