Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

XYZ Corporation completed the following polly cash transactions during November 2014 November Drewa 5110000 cheque cashed and gave the proceeds and the petty cash box

image text in transcribed
XYZ Corporation completed the following polly cash transactions during November 2014 November Drewa 5110000 cheque cashed and gave the proceeds and the petty cash box to Dallas Glynn, the petty cather November 3 Purchased ink for office photocopie, 3146 55 November 6 Pad 5152 15 for stamps November 8 Pad $137 95 for minor computer repairs November 9 Paid $150 15 for stamps November 12 Purchased paper for office copier $130 25 November 15 Purchased paper for the cor $148 55 November 30 Dalias Glynn sorted the potty cash receipts by accounts affected and exchanged them for a cheque to tomburse the band for expenditures However there was only a 0 in chin the land in addition the size of the petty cash fund was decreased to $1,000.00 a) Enter the para entry to establish the petty cash fund Enter an appropriate description and enter the date on the format ddiwe w 15 Jam) Papua This ) Enter the journal entry to to record the rembursement and the increase decrease of the fund Enter an appropriate description, and enter the daton the format de 10) Die XYZ Corporation completed the following polly cash transactions during November 2014 November Drewa 5110000 cheque cashed and gave the proceeds and the petty cash box to Dallas Glynn, the petty cather November 3 Purchased ink for office photocopie, 3146 55 November 6 Pad 5152 15 for stamps November 8 Pad $137 95 for minor computer repairs November 9 Paid $150 15 for stamps November 12 Purchased paper for office copier $130 25 November 15 Purchased paper for the cor $148 55 November 30 Dalias Glynn sorted the potty cash receipts by accounts affected and exchanged them for a cheque to tomburse the band for expenditures However there was only a 0 in chin the land in addition the size of the petty cash fund was decreased to $1,000.00 a) Enter the para entry to establish the petty cash fund Enter an appropriate description and enter the date on the format ddiwe w 15 Jam) Papua This ) Enter the journal entry to to record the rembursement and the increase decrease of the fund Enter an appropriate description, and enter the daton the format de 10) Die

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions