Problem 6During August, several minor activities involving petty cash funds occurred at the Wittleston Inn.a. On August 1, a petty cash fund was established in the amount of $100.b. On August 10, the fund was replenished, since it had a $12 balance. The written receipts were asfollows:Fresh fruit (food)30Gasoline for mowing of lawn25COD for package for guest$ 35c. On August 20, the fund was replenished and the written receipts were as follows:Stamps$50Fresh fruitShipping charges to UPSOffice supplies$SA SA$Office supplies$40d. On August 31, the petty cash fund, with a $5 balance, was replenished and the following receiptswere:$SA SA$$304024

During August, several minor activities involving petty cash funds occurred at the Wittleston Inn. a. On August 1, a petty cash fund was established in the amount of $100. b. On August 10, the fund was replenished, since it had a $12 balance. The written receipts were a follows: Fresh fruit (food) Gasoline for mowing of lawn COD for package for guest $ 35 c. On August 20, the fund was replenished and the written receipts were as follows: Stamps $ 50 $ 30 $ 25 Office supplies $ 40 d. On August 31, the petty cash fund, with a $5 balance, was replenished and the following recei were: Fresh fruit Shipping charges to UPS 69 69 $ $ 30 40

During August, several minor activities involving petty cash funds occurred at the Wittleston Inn. a. On August 1, a petty cash fund was established in the amount of $100. b. On August 10, the fund was replenished, since it had a $12 balance. The written receipts were a follows: Fresh fruit (food) Gasoline for mowing of lawn COD for package for guest $ 35 c. On August 20, the fund was replenished and the written receipts were as follows: Stamps $ 50 $ 30 $ 25 Office supplies $ 40 d. On August 31, the petty cash fund, with a $5 balance, was replenished and the following recei were: Fresh fruit Shipping charges to UPS 69 69 $ $ 30 40

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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Record entry for recognition of expenses and replenishment of the fund, record entry for reimbursements made by employee, record entry for petty cash found.
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answer in text form please (without image), Note: .Every entry should have narration please
Wyoming Restoration Company completed the following selected transactions during July 20Y1: July 1. 12. 31. July 3. 7. 9. 13. 19. 21. 22. 24. 30. July 31. 31. Established a petty cash fund of $1,100. The cash sales for the day, according to the cash register records, totaled $8,192. The actual cash received from cash sales was $8,220. Petty cash on hand was $47. Replenished the petty cash fund for the following disbursements, each evidenced by a petty cash receipt: Store supplies, $580. Express charges on merchandise sold, $90 (Delivery Expense). Office supplies, $30. Office supplies, $35. Postage stamps, $50 (Office Supplies). Repair to office file cabinet lock, $60 (Miscellaneous Administrative Expense). Postage due on special delivery letter, $28 (Miscellaneous Administrative Expense). Express charges on merchandise sold, $135 (Delivery Expense). Office supplies, $25. The cash sales for the day, according to the cash register records, totaled $10,241. The actual cash received from…
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