Carla Vista Company established a petty cash fund on May 1, cashing a cheque for $150.00. The company replenished the fund on June 1 and July 1 with the following results. June 1: Cash in fund, $4.75 Receipts: Delivery expense Postage expense Travel expense July 1 Cash in fund, $3.25 Receipts: Delivery expense Entertainment expense Supplies $34.15 36.50 61.35 $30.00 69.45 47.30

Carla Vista Company established a petty cash fund on May 1, cashing a cheque for $150.00. The company replenished the fund on June 1 and July 1 with the following results. June 1: Cash in fund, $4.75 Receipts: Delivery expense Postage expense Travel expense July 1 Cash in fund, $3.25 Receipts: Delivery expense Entertainment expense Supplies $34.15 36.50 61.35 $30.00 69.45 47.30

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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Ht.11.
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