Delivery expenses 1350 Petrol 1070 Cash over and expenses short 80

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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3:10
ull 4G O
Not Secure – moodle.asu.edu.om
50
11
b.
Cash
5700
Cleaning
expenses
1700
Delivery
expenses
1350
Petrol
expenses
1070
Cash over and
short
80
С.
Cash
4120
Cleaning
expenses
1700
Delivery
expenses
1350
Petrol
expenses
1070
d.
1700
Cleaning expenses
Delivery expenses
Petrol expenses
1350
1070
Cash
4120
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Transcribed Image Text:3:10 ull 4G O Not Secure – moodle.asu.edu.om 50 11 b. Cash 5700 Cleaning expenses 1700 Delivery expenses 1350 Petrol expenses 1070 Cash over and short 80 С. Cash 4120 Cleaning expenses 1700 Delivery expenses 1350 Petrol expenses 1070 d. 1700 Cleaning expenses Delivery expenses Petrol expenses 1350 1070 Cash 4120 Previous page Next page
3:09
ull 4G O
Not Secure – moodle.asu.edu.om
50
11
Sohar Aluminium Company
established a petty cash fund of RO
5,700 on January 1st. Assume that on
January 21, Sohar Aluminium petty
cash custodian requests a check for
RO4,120. The fund contains RO 1500
cash and petty cash receipts for
cleaning RO1,700, Product delivery
RO 1,350, and Petrol expenses
RO1,070. The general journal entry to
record the checking transaction is:
Select one:
а.
Cleaning expenses
Delivery expenses
Petrol expenses
1700
1350
1070
Cash Over and Short
80
Cash
5700
b.
Cash
5700
Cleaning
expenses
1700
Delivery
expenses
1350
Petrol
expenses
1070
Cash over and
short
80
Transcribed Image Text:3:09 ull 4G O Not Secure – moodle.asu.edu.om 50 11 Sohar Aluminium Company established a petty cash fund of RO 5,700 on January 1st. Assume that on January 21, Sohar Aluminium petty cash custodian requests a check for RO4,120. The fund contains RO 1500 cash and petty cash receipts for cleaning RO1,700, Product delivery RO 1,350, and Petrol expenses RO1,070. The general journal entry to record the checking transaction is: Select one: а. Cleaning expenses Delivery expenses Petrol expenses 1700 1350 1070 Cash Over and Short 80 Cash 5700 b. Cash 5700 Cleaning expenses 1700 Delivery expenses 1350 Petrol expenses 1070 Cash over and short 80
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