Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Zcom la completed the following petty cash transactions during December 2014 December 1 Drew a $1,100 00 cheque, cashed it and give the proceeds and
Zcom la completed the following petty cash transactions during December 2014 December 1 Drew a $1,100 00 cheque, cashed it and give the proceeds and the pulyashbox to Berto the petty cash Deceba Paid $156 35 for an advertisement in the paper Docombe Purchased office stationery for $151 15 December 10 Pad 144.95 foc postage creponses December 11 Paid $13990 for minor computer ropa December 13 Purchased for office photocopier $120.25 December 14 Paid $158.85 forintos December 16 Paid $136.20 for stamps December 31 Burt sorted the petty cash receipts by accounts affected and changed them for the tree the fund for pres. Here was som cash in the lund. In addition the size of the potty cash und wassed to $17500 a) Enter the journal entry to estabesh the petty cash fund Enter an approprio description, and enter the date the formatdomme 150)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started