Question
TIMER Problem 8-03A a-b (Part Level Submission) (Video) Waterway Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of
TIMER Problem 8-03A a-b (Part Level Submission) (Video) Waterway Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of August. Aug. 1 Established the petty cash fund by writing a check payable to the petty cash custodian for $210. 15 Replenished the petty cash fund by writing a check for $206.50. On this date, the fund consisted of $3.50 in cash and these petty cash receipts: freight-out $94.00, entertainment expense $47.00, postage expense $43.90, and miscellaneous expense $20.40. 16 Increased the amount of the petty cash fund to $305 by writing a check for $95.00. 31 Replenished the petty cash fund by writing a check for $289.00. On this date, the fund consisted of $16.00 in cash and these petty cash receipts: postage expense $140.40, entertainment expense $92,80, and freight-out $54.10. (a) Journalize the petty cash transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 2 decimal places, e.g. 52.75.) Date Account Titles and Explanation Debit Credit Journalize the petty cash transactions. (Credit account titles are automatically indented when amo Account Titles and Explanation Date Debit Credit > Click if you would like to Show Work for this question: Open Show Work
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