Ramona Company uses an imprest petty cash system. The fund was established on March 1 with a
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Ramona Company uses an imprest petty cash system. The fund was established on March 1 with a balance of \(\$ 100\). During March the following petty cash receipts were found Prepare journal entries for a in the petty cash box:
There was no cash over or short. The fund was replenished on March 15. On March 20, the amount in the fund was increased to \(\$ 150\).
\section*{Instructions}
Journalize the entries in March that pertain to the operation of the petty cash fund.
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Related Book For
Financial Accounting
ISBN: 9780471169208
2nd Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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