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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 $1,000. 12. The cash sales for the day, according to the cash register records, totaled $9,440. The actual cash recelved from cash sales was $9,506. 30. Petty cash on hand was \$46. Replenished the petty cash fund for the following disbursements, each evidenced by a petty cash receipt: June. 2, Store supplies, $375. June, 10. Express changes on merchandise purchased, $105 (Merchandise Inventory). June. 14, Othice supplies; \$85. June. 15. Orfice supplies, 590. June. 18, Postage stamps, $33 (Orfice Supplies). June, 20, Repair to fox, 5100 (Miscelianeous Administrative Expense). June. 21. Repair to office door lock, $25 (Miscelianeous Administrative Expense). June, 22. Postage due on special delivery letter, 59 (Miscellaneous Administrative Expense). June, 28, Express charges on merchandise purchased, $110 (Mtrchandise Inventory). 30. The cash sales for the day, according to the cash register records, totaled $13,390. The actual cash received from cash sales was $13,350. 30. Increased the petty cash fund by $200. Required: Journalize the transactions. If an amount box does not require on entry, leave it blank. 30. The cash sales for the day, according to the cash register records, totaled $13,390. The actual cash received from cash sales was $13,350. 30. Increased the petty cash fund by $200. Required: entry, leave it blank
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