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Transactions for Petty Cash, Cash Short and Over Cedar Springs Company completed the following selected transactions during June: June 1. Established a petty cash fund
Transactions for Petty Cash, Cash Short and Over
Cedar Springs Company completed the following selected transactions during June:
June 1. | Established a petty cash fund of $450. |
12. | The cash sales for the day, according to the cash register records, totaled $8,615. |
The actual cash received from cash sales was $8,643. | |
30. | Petty cash on hand was $34. Replenished the petty cash fund for the following |
disbursements, each evidenced by a petty cash receipt: | |
June 2. Store supplies, $50. | |
June 10. Express charges on merchandise purchased, $72 (Merchandise Inventory). | |
June 14. Office supplies, $32. | |
June 15. Office supplies, $36. | |
June 18. Postage stamps, $38 (Office Supplies). | |
June 20. Repair to fax, $90 (Miscellaneous Administrative Expense). | |
June 21. Repair to office door lock, $32 (Miscellaneous Administrative Expense). | |
June 22. Postage due on special delivery letter, $24 (Miscellaneous Administrative Expense). | |
June 28. Express charges on merchandise purchased, $36 (Merchandise Inventory). | |
30. | The cash sales for the day, according to the cash register records, totaled $22,771. |
The actual cash received from cash sales was $22,725. | |
30. | Increased the petty cash fund by $113. |
Required:
Journalize the transactions. If an amount box does not require an entry, leave it blank.
June 1 | fill in the blank 2 | fill in the blank 3 | |
fill in the blank 5 | fill in the blank 6 | ||
June 12 | fill in the blank 8 | fill in the blank 9 | |
fill in the blank 11 | fill in the blank 12 | ||
fill in the blank 14 | fill in the blank 15 | ||
June 30-Replenish | fill in the blank 17 | fill in the blank 18 | |
fill in the blank 20 | fill in the blank 21 | ||
fill in the blank 23 | fill in the blank 24 | ||
fill in the blank 26 | fill in the blank 27 | ||
fill in the blank 29 | fill in the blank 30 | ||
fill in the blank 32 | fill in the blank 33 | ||
June 30-Sale | fill in the blank 35 | fill in the blank 36 | |
fill in the blank 38 | fill in the blank 39 | ||
fill in the blank 41 | fill in the blank 42 | ||
June 30-Petty cash | fill in the blank 44 | fill in the blank 45 | |
fill in the blank 47 | fill in the blank 48 |
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