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Wildhorse Boxes uses a petty cash Imprest system. The fund was established on February 14 with a balance of $96. On February 28, there
Wildhorse Boxes uses a petty cash Imprest system. The fund was established on February 14 with a balance of $96. On February 28, there were $4 cash and the following petty cash receipts in the petty cash box: Date Receipt No. For Amount Feb. 15 1 Supplies $9 18 2 Postage expense 8 2222 20 3 Freight in (assume perpetual inventory system) 21 4 Supplies 22 5 Delivery expenses 27 6 Supplies 222 32 13 14 22
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