Homework Answers
| Date | General Journal | Debit | Credit |
| May 1 | Petty Cash | $200 | |
| Cash | $200 | ||
| May 31 | Office Supplies | $81 | |
| Delivery Expense | $36 | ||
| Postage Expense | $54 | ||
| Miscellaneous Expense | $9 | ||
| Cash Short and Over | $2 | ||
| Cash | $182 |
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nation Cash To increase the petty cash fund, Debit Credit Petty Cash - Had the Petty...
Oriole Company maintains a petty cash fund for small expenditures. These transactions occurred during the month...
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...
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...
Kael Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of August.
Problem 7-03A a-b Kael 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 $200.00. 15 Replenished the petty cash fund by writing a check for $175.00. On this date, the fund consisted of $25 in cash and these petty cash receipts: freight-out $74.40, entertainment expense $36.00, postage expense $33.70, and miscellaneous expense $27.50. 16 Increased the amount of...
Crane Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of Augus...
Crane 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 $200. 15 Replenished the petty cash fund by writing a check for $197.00. On this date, the fund consisted of $3.00 in cash and these petty cash receipts: freight-out $92.00, entertainment expense $45.00, postage expense $40.00, and miscellaneous expense $19.00. 16 Increased the amount...
4. (15 Points). Feathers Co. established a petty cash fund of $150 on October 1. On...
4. (15 Points). Feathers Co. established a petty cash fund of $150 on October 1. On October 10 the petty cash fund was replenished when there was $49 remaining and there were petty cash receipts for: office supplies, $47; transportation-in on inventory purchased, $32; and postage, 522. On October 15, the petty cash fund was decreased to $125 in total. Record the above transactions in general journal form. Date Debit Credit
Petty Cash Problem On September 6, Trimen Industries decided to employ a Petty Cash fund for...
Petty Cash Problem On September 6, Trimen Industries decided to employ a Petty Cash fund for small expenses. A check of $ 150 was issued and cashed by the fund custodian. The $ 150 cash was given to the fund custodian. The custodian was instructed to to obtain docu- mentation for all payments. Petty Cash was to be replenished when the balance in the cash box fell below $ 25. Directions: record the following transactions... (a) Record the the establishment...
Problem 8-03A a-b (Part Level Submission) (Video) Concord Company maintains a petty cash fund for small...
Problem 8-03A a-b (Part Level Submission) (Video) Concord 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 $205. 15 Replenished the petty cash fund by writing a check for $200.00. On this date, the fund consisted of $5.00 in cash and these petty cash receipts: freight-out $92.00, entertainment expense $47.00, postage expense $4260, and...
Problem 8-03A a-b (Video) Sunland Company maintains a petty cash fund for small expenditures. These transactions occurr...
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...
CROBLEM II: RECORDING PETTY CASH TRANSACTIONS (10 POINTS Brown Company established a petty cash fund for...
CROBLEM II: RECORDING PETTY CASH TRANSACTIONS (10 POINTS Brown Company established a petty cash fund for $300 on September 1, 20xx. On September 30. the petty can rund was replenished when there was $20 of currency remaining in the cashbox along with receipts for: meals of $78; postage of $62; and repairs of $140. On October 24, the petty cash fund was increased to $500 in total Record the above transactions in the general ioural. Include the date, account names...
Brief Exercise 7-14 On March 20, Harbor's petty cash fund of $100 is replenished when the...
Brief Exercise 7-14 On March 20, Harbor's petty cash fund of $100 is replenished when the fund contains $41 in cash and receipts for postage $31, supplies $18, and travel expense $10 Prepare the journal entry to record the replenishment of the petty cash fund. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Mar. 20 Debit Credit
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...
Problem 7-03A a-b Kael 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 $200.00. 15 Replenished the petty cash fund by writing a check for $175.00. On this date, the fund consisted of $25 in cash and these petty cash receipts: freight-out $74.40, entertainment expense $36.00, postage expense $33.70, and miscellaneous expense $27.50. 16 Increased the amount of...
Crane 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 $200. 15 Replenished the petty cash fund by writing a check for $197.00. On this date, the fund consisted of $3.00 in cash and these petty cash receipts: freight-out $92.00, entertainment expense $45.00, postage expense $40.00, and miscellaneous expense $19.00. 16 Increased the amount...
4. (15 Points). Feathers Co. established a petty cash fund of $150 on October 1. On October 10 the petty cash fund was replenished when there was $49 remaining and there were petty cash receipts for: office supplies, $47; transportation-in on inventory purchased, $32; and postage, 522. On October 15, the petty cash fund was decreased to $125 in total. Record the above transactions in general journal form. Date Debit Credit
Petty Cash Problem On September 6, Trimen Industries decided to employ a Petty Cash fund for small expenses. A check of $ 150 was issued and cashed by the fund custodian. The $ 150 cash was given to the fund custodian. The custodian was instructed to to obtain docu- mentation for all payments. Petty Cash was to be replenished when the balance in the cash box fell below $ 25. Directions: record the following transactions... (a) Record the the establishment...
Problem 8-03A a-b (Part Level Submission) (Video) Concord 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 $205. 15 Replenished the petty cash fund by writing a check for $200.00. On this date, the fund consisted of $5.00 in cash and these petty cash receipts: freight-out $92.00, entertainment expense $47.00, postage expense $4260, and...
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...
CROBLEM II: RECORDING PETTY CASH TRANSACTIONS (10 POINTS Brown Company established a petty cash fund for $300 on September 1, 20xx. On September 30. the petty can rund was replenished when there was $20 of currency remaining in the cashbox along with receipts for: meals of $78; postage of $62; and repairs of $140. On October 24, the petty cash fund was increased to $500 in total Record the above transactions in the general ioural. Include the date, account names...
Brief Exercise 7-14 On March 20, Harbor's petty cash fund of $100 is replenished when the fund contains $41 in cash and receipts for postage $31, supplies $18, and travel expense $10 Prepare the journal entry to record the replenishment of the petty cash fund. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Mar. 20 Debit Credit
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