During October, Cullumber Company experiences the following transactions in establishing a petty cash fund. Oct. 1...
During October, Cullumber Company experiences the following
transactions in establishing a petty cash fund.
| Oct. 1 | A petty cash fund is established with a check for $146.00 issued to the petty cash custodian. | |
| 31 | A check was written to reimburse the fund and increase the fund to $196.00. A count of the petty cash fund disclosed the following items: |
| Currency | $59.00 | |||
| Coins | 2.08 | |||
| Expenditure receipts (vouchers): | ||||
| Supplies | $24.72 | |||
| Miscellaneous items | 15.02 | |||
| Postage | 38.32 | |||
| Freight-Out | 5.42 |  |
Homework Answers
| Oct 1 | Petty cash | 146 | |
| Cash | 146 | ||
| Oct 31 | Supplies | 24.72 | |
| Miscellaneous expenses | 15.02 | ||
| Postage expenses | 38.32 | ||
| Freight out | 5.42 | ||
| Cash over and short | 1.44 | ||
| Petty cash (196-146) | 50 | ||
| Cash (196-59-2.08) | 134.92 |
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During October, Cullumber Company experiences the following
transactions in establishing a petty cash fund.
Oct. 1...
During October,C lavost Company experiences the following transactions in establishing a petty cash fund. Dt. 1...
During October,C lavost Company experiences the following transactions in establishing a petty cash fund. Dt. 1 A petty cash fund is established with a check for $146.00 issued to the petty cash custodian 31 Acheck was written to reimburse the fund and increase the fund to $196.00. A count of the petty cash fund disclosed the following items $59.00 2.14 Currency Coins Expenditure receipts Ivouchersk: Supplies Miscellaneous items Postage Freight-Out $24.66 14.96 38.26 5.36 Journalize the entries in October that...
Journalize the entries: Two lines for Oct. 1 and 7 lines for Oct. 31. Thank you!...
Journalize the entries: Two lines for Oct. 1 and 7 lines for
Oct. 31. Thank you!
Exercise 7-15 Your answer is partially correct. Try again. During October, Crane Company experiences the following transactions in establishing a petty cash fund Oct. 1 A petty cash fund is established with a check for $146.00 issued to the petty cash custodian. 31 A check was written to reimburse the fund and increase the fund to $196.00. A count of the petty cash fund...
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Instructions Prepare a cash budget for January and February *E7-15 During October, Bismark Light Company experiences the following transactions in establishing a petty cash fund. Oct. 1 A petty cash fund is established with a check for $150 issued to the petty cash custodian. 31 A check was written to reimburse the fund and increase the fund to $200. A count of the petty cash fund disclosed the following items: Currency $59.00 Coins 0.70 Expenditure receipts (vouchers): Supplies $26.10 Telephone,...
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Oriole Company maintains a petty cash fund for small expenditures. These transactions occurred during the month...
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During October,C lavost Company experiences the following transactions in establishing a petty cash fund. Dt. 1 A petty cash fund is established with a check for $146.00 issued to the petty cash custodian 31 Acheck was written to reimburse the fund and increase the fund to $196.00. A count of the petty cash fund disclosed the following items $59.00 2.14 Currency Coins Expenditure receipts Ivouchersk: Supplies Miscellaneous items Postage Freight-Out $24.66 14.96 38.26 5.36 Journalize the entries in October that...
Journalize the entries: Two lines for Oct. 1 and 7 lines for
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Exercise 7-15 Your answer is partially correct. Try again. During October, Crane Company experiences the following transactions in establishing a petty cash fund Oct. 1 A petty cash fund is established with a check for $146.00 issued to the petty cash custodian. 31 A check was written to reimburse the fund and increase the fund to $196.00. A count of the petty cash fund...
*E7.18 (LO 5), AP During October, Bismark Light Company experiences the following transactions in establishing a petty cash fund. Prepare journal entries for a petty cash fund. 31 $59.00 0.70 Oct. A petty cash fund is established with a check for $150 issued to the petty cash custodian. A check was written to reimburse the fund and increase the fund to $200. A count of the petty cash fund disclosed the following items: Currency Coins Expenditure receipts (vouchers): Supplies Telephone,...
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Oriole Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of August. Aug. 1 Established the petty cash fund by writing a check payable to the petty cash custodian for $210.00. 15 Replenished the petty cash fund by writing a check. On this date, the fund consisted of $3.20 in cash and these petty cash receipts: freight-out $74.60, entertainment expense $35.50, postage expense $33.00, and miscellaneous expense $62.40. 16 Increased the amount of the...
Oriole Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of August. Aug. 1 Established the petty cash fund by writing a check payable to the petty cash custodian for $210.00. 15 Replenished the petty cash fund by writing a check. On this date, the fund consisted of $3.20 in cash and these petty cash receipts: freight-out $74.60, entertainment expense $35.50, postage expense $33.00, and miscellaneous expense $62.40. 16 Increased the amount of the...
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Problem 8-03A a-b (Video) Sunland Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of August. Aug. 15 Repleniehed the each fund $47.10, postage expense $43.50, and miscellaneous expense $11.40. 16 Increased the amount of the petty cash fund to $305 by writing a check for $105.00. Established the petty cash fund by writing a check payable to the petty cash custodian for $200. .... check for $196.70. On this date. the fund consisted...
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