The following transactions were made by Landers Corp. in March 2019. March 1 Established a petty...
The following transactions were made by Landers Corp. in March 2019.
|
March 1 |
Established a petty cash fund of $200 |
|
12 |
Reimbursed the fund for the following: Postage $10 Office supplies 50 Maintenance 35 Meals (selling expenses) _ 25_ $120 |
|
18 |
Increased the fund by an additional $200 |
|
25 |
Reimbursed the refund for the following: Office supplies $75 Delivery charges __30__ $105 |
|
28 |
Reduced the amount of the fund to $350 |
Required: Prepare a journal entries to record these transaction
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The following transactions were made by Landers Corp. in March
2019.
March 1
Established a petty...
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Nakashima Gallery had the following petty cash transactions in February of the current year. Nakashima uses...
Nakashima Gallery had the following petty cash transactions in
February of the current year. Nakashima uses the perpetual system
to account for merchandise inventory.
Feb.
2
Wrote a $350 check to establish a petty cash fund.
5
Purchased paper for the copier for $14.75 that is immediately
used.
9
Paid $36.50 shipping charges (transportation-in) on merchandise
purchased for resale, terms FOB shipping point. These costs are
added to merchandise inventory.
12
Paid $8.25 postage to deliver a contract to a...
Journalize the entries to record the following: March 1 Established a petty cash fund of...
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Problem 6-3A Establishing, reimbursing, and increasing petty cash LO P2 Nakashima Gallery had the following petty...
Problem 6-3A Establishing, reimbursing, and increasing petty cash LO P2 Nakashima Gallery had the following petty cash transactions in February of the current year. Nakashima uses the perpetual system to account for merchandise inventory. Feb. 2 Wrote a $350 check to establish a petty cash fund. 5 Purchased paper for the copier for $16.15 that is immediately used. 9 Paid $38.50 shipping charges (transportation-in) on merchandise purchased for resale, terms FOB shipping point. These costs are added to merchandise inventory....
Nakashima Gallery had the following petty cash transactions in February of the current year. Nakashima uses...
Nakashima Gallery had the following petty cash transactions in February of the current year. Nakashima uses the perpetual system to account for merchandise inventory. Feb. 2 wrote a $360 check to establish a petty cash fund. 5 Purchased paper for the copier for $15.75 that is immediately used. 9 Paid $44.50 shipping charges transportation-in) on merchandise purchased for resale, terms FOB shipping point. These costs are added to merchandise inventory. 12 Paid $7.55 postage to deliver a contract to a...
Nakashima Gallery had the following petty cash transactions in February of the current year. Nakashima uses...
Nakashima Gallery had the following petty cash transactions in February of the current year. Nakashima uses the perpetual system to account for merchandise inventory. Feb. 2 Wrote a $360 check to establish a petty cash fund. 5 Purchased paper for the copier for $16.35 that is immediately used. 9 Paid $42.50 shipping charges (transportation-in) on merchandise purchased for resale, terms FOB shipping point. These costs are added to merchandise inventory. 12 Paid $8.95 postage to deliver a contract to a...
Problem 6-3A) Etablishing, recordursing, and increasing petty cash Nakashima Gallery had the following petty cash transactions...
Problem 6-3A) Etablishing, recordursing, and increasing petty cash Nakashima Gallery had the following petty cash transactions in February of the current year. Nakashima uses the perpetual system to account for merchandise inventory. Feb. 2 Wrote a $400 check to establish a petty cash fund. 5 Purchased paper for the copier for $14.15 that is immediately used. 9 Paid $32.50 shipping charges (transportation-in) on merchandise purchased for resale, terms FOB shipping point. These costs are added to merchandise inventory. 12 Paid...
Walker Co. set up a petty cash fund for payments of small amounts. The following transactions involving the petty cash fund occurred in May. May 1 Prepared a company check for $350 to establish the petty cash fund. May 15 Prepared a company check to replenish the fund for the following expenditures made since May 1. a. Paid $120 for janitorial services. b. Paid $90 for miscellaneous expenses. e. Paid postage expenses of $60. d. Paid $30 to The County...
Nakashima Gallery had the following petty cash transactions in February of the current year Feb. 2 Wrote a $350 check, cashed it, and gave the proceeds and the petty cashbox to Chloe Addison, the petty cashier 5 Purchased bond paper for the copier for $14.95 that is immediately used. 9 Paid $40.50 coD shipping charges on merchandise purchased for resale, terms F08 shipping point. Nakashima uses the perpetual system to account for merchandise inventory. 12 Paid $7.55 postage to express...
Nakashima Gallery had the following petty cash transactions in
February of the current year. Nakashima uses the perpetual system
to account for merchandise inventory.
Feb.
2
Wrote a $350 check to establish a petty cash fund.
5
Purchased paper for the copier for $14.75 that is immediately
used.
9
Paid $36.50 shipping charges (transportation-in) on merchandise
purchased for resale, terms FOB shipping point. These costs are
added to merchandise inventory.
12
Paid $8.25 postage to deliver a contract to a...
Transactions for Petty Cash, Cash Short and Over Cedar Springs Company completed the following selected transactions during June: June 1. Established a petty cash fund of $860. 12. The cash sales for the day, according to the cash register records, totaled $13,184. The actual cash received from cash sales was $13,205. 30. Petty cash on hand was $65. Replenished the petty cash fund for the following disbursements, each evidenced by a petty cash receipt: June 2. Store supplies, $95. June...
Chapter 06 Homework Saved Nakashima Gallery had the following petty cash transactions in February of the current year. Feb. points 2 Wrote a $350 check, cashed it, and gave the proceeds and the petty cashbox to Chloe Addison, the petty cashier. 5 Purchased paper for the copier for $14.75 that is immediately used. 9 Paid $30.50 COD shipping charges on merchandise purchased for resale, terms FOB shipping point. Nakashima uses the perpetual system to account for merchandise inventory. 12 Paid...
Problem 6-3A Establishing, reimbursing, and increasing petty cash LO P2 Nakashima Gallery had the following petty cash transactions in February of the current year. Nakashima uses the perpetual system to account for merchandise inventory. Feb. 2 Wrote a $350 check to establish a petty cash fund. 5 Purchased paper for the copier for $16.15 that is immediately used. 9 Paid $38.50 shipping charges (transportation-in) on merchandise purchased for resale, terms FOB shipping point. These costs are added to merchandise inventory....
Nakashima Gallery had the following petty cash transactions in February of the current year. Nakashima uses the perpetual system to account for merchandise inventory. Feb. 2 wrote a $360 check to establish a petty cash fund. 5 Purchased paper for the copier for $15.75 that is immediately used. 9 Paid $44.50 shipping charges transportation-in) on merchandise purchased for resale, terms FOB shipping point. These costs are added to merchandise inventory. 12 Paid $7.55 postage to deliver a contract to a...
Problem 6-3A) Etablishing, recordursing, and increasing petty cash Nakashima Gallery had the following petty cash transactions in February of the current year. Nakashima uses the perpetual system to account for merchandise inventory. Feb. 2 Wrote a $400 check to establish a petty cash fund. 5 Purchased paper for the copier for $14.15 that is immediately used. 9 Paid $32.50 shipping charges (transportation-in) on merchandise purchased for resale, terms FOB shipping point. These costs are added to merchandise inventory. 12 Paid...
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