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The petty cash fund of Metlocks Auto Repair Service, a sole proprietorship, contains the following. 1. Coins and currency $20.00 2. Postage stamps 7.70 3.
The petty cash fund of Metlocks Auto Repair Service, a sole proprietorship, contains the following.
1. | Coins and currency | $20.00 | ||||
2. | Postage stamps | 7.70 | ||||
3. | An I.O.U. from Richie Cunningham, an employee, for cash advance | 44.80 | ||||
4. | Check payable to Metlocks Auto Repair from Pottsie Weber, an employee, marked NSF | 38.80 | ||||
5. | Vouchers for the following: | |||||
Stamps | $ 24.80 | |||||
Two Rose Bowl tickets for Nick Metlock | 179.00 | |||||
Printer cartridge (Use the Maintenance and Repairs Expense account) | 19.15 | 222.95 | ||||
$334.25 |
The general ledger account Petty Cash has a balance of $338.
Prepare the journal entry to record the reimbursement of the petty cash fund??
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