Wright Company's cash account shows a $30,900 debit balance and its bank statement shows $29,200 on deposit at the close of business on May 31 a. The May 31 bank statement lists $270 in bank service charges; the company has not yet recorded the cost of these services. b. Outstanding checks as of May 31 total $7,300. c. May 31 cash receipts of $7.900 were placed in the bank's night depository after banking hours and were not recorded on the May 31 bank statement. d. In reviewing the bank statement, a $570 check written by Smith Company was mistakenly drawn against Wright's account e. The bank statement shows a $260 NSF check from a customer, the company has not yet recorded this NSF check. Prepare its bank reconciliation using the above information WRIGHT COMPANY Bank Reconciliation May 31 Book balance Add: Bank statement balance Add: ol 0 0 Deduct: Deduct: 0 Arantert hank halanna 0 ol Adistard hank halana $ 10 Waupaca Company establishes a $300 petty cash fund on September 9. On September 30, the fund shows $46 in cash along with receipts for the following expenditures: transportation-in, $59; postage expenses, $55; and miscellaneous expenses, $129. The petty cashier could not account for a $11 shortage in the fund. The company uses the perpetual system in accounting for merchandise Inventory Prepare (1) the September 9 entry to establish the fund, (2) the September 30 entry to reimburse the fund, and (3) an October 1 entry to increase the fund to $355. View transaction list Journal entry worksheet 2 2 3 > Prepare the journal entry to establish the petty cash fund. Note: Enter debits before credits General Journal Debit Dato Sept 09 Credit Paimona Co. establishes a $180 petty cash fund on January 1. On January 8, the fund shows $87 in cash along with receipts for the following expenditures: postage, $37, transportation-in, $14; delivery expenses, $16; and miscellaneous expenses, $26. Palmona uses the perpetual system in accounting for merchandise inventory. Prepare journal entries to establish the fund on January 1 (2) reimburse it on January 8, and (3) both reimburse the fund and increase it to $230 on January 8, assuming no entry in part 2. Hint: Make two separate entries for part 3. View transaction list Journal entry worksheet Record the establishment of the petty cash fund. Note: Enter debits before credits General Journal Debit Credit Transaction ta