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The petty cash fund of Western Glass company contained the following items on November 30, 2013 Currency and coins $23 Receipts for the following expenditures:
The petty cash fund of Western Glass company contained the following items on November 30, 2013
Currency and coins $23
Receipts for the following expenditures:
Delivery Charges $42
Office Supplies 50
Restaurant receipt for entertaining 110 202
An I.O.U. from employee 25
Total $250
the petty cash found was established on november 1, 2013, with a transfer of $250 from cash the petty cash account.
Prepare journal entires to:
1. estabish the petty cash account and
2. replenish the fund at the end of November
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