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8. The following petty cash transactions of Green Golf Equipment occurred in May: May 1 Established a petty cash fund with a $200 balance. 31 The petty cash fund has $18 in cash and $180 in petty cash tickets that were issued to pay for Office Supplies ($81), Delivery Expense ($36), Postage Expense ($54), and Miscellaneous Expense ($9). The petty cash custodian replenished the fund and recorded the expenses. Prepare the journal entries. atingl ah or at http://www.p

8. The following petty cash transactions of Green Golf Equipment occurred in May: May 1 Established a petty cash fund with a $200 balance. 31 The petty cash fund has $18 in cash and $180 in petty cash tickets that were issued to pay for Office Supplies ($81), Delivery Expense ($36), Postage Expense ($54), and Miscellaneous Expense ($9). The petty cash custodian replenished the fund and recorded the expenses. Prepare the journal entries. atingl ah or at http://www.p

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Try It! 8. The following petty cash transactions of Green Golf Equipment occurred in May: May 1 Established a petty cash fund with a $200 balance. 31 The petty cash fund has $18 in cash and $180 in petty cash tickets that were issued to pay for Office Supplies ($81), Delivery Expense ($36), Postage Expense ($54), and Miscellaneous Expense ($9). The petty cash custodian replenished the fund and recorded the expenses. Prepare the journal entries. Check your answers online in MyAccountingLab or at http://www.p For more practice, see Short Exercise S8-5. MyAccountingLab
Transcribed Image Text:Try It! 8. The following petty cash transactions of Green Golf Equipment occurred in May: May 1 Established a petty cash fund with a $200 balance. 31 The petty cash fund has $18 in cash and $180 in petty cash tickets that were issued to pay for Office Supplies ($81), Delivery Expense ($36), Postage Expense ($54), and Miscellaneous Expense ($9). The petty cash custodian replenished the fund and recorded the expenses. Prepare the journal entries. Check your answers online in MyAccountingLab or at http://www.p For more practice, see Short Exercise S8-5. MyAccountingLab
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