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During October, Splish Brothers Lighting Company experiences the following activities related to its petty cash fund: Oct. 1 A petty cash fund is established with a check for $180.00 issued to the petty cash custodian. 31 A count of the petty cash fund disclosed the following items used for replenishment: Currency 31 Coins Expenditure receipts (vouchers): Office supplies (asset) Telephone, Internet, and fax (misc. exp.) Postage Freight-out The fund was increased to $210. $27.70 29.30 90.00 9.80 $19.00 0.20

During October, Splish Brothers Lighting Company experiences the following activities related to its petty cash fund: Oct. 1 A petty cash fund is established with a check for $180.00 issued to the petty cash custodian. 31 A count of the petty cash fund disclosed the following items used for replenishment: Currency 31 Coins Expenditure receipts (vouchers): Office supplies (asset) Telephone, Internet, and fax (misc. exp.) Postage Freight-out The fund was increased to $210. $27.70 29.30 90.00 9.80 $19.00 0.20

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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During October, Splish Brothers Lighting Company experiences the following activities related to its petty cash fund: Oct. 1 A petty cash fund is established with a check for $180.00 issued to the petty cash custodian. A count of the petty cash fund disclosed the following items used for replenishment: Currency 31 31 Coins Expenditure receipts (vouchers): Office supplies (asset) Telephone, Internet, and fax (misc. exp.) Postage Freight-out The fund was increased to $210. $27.70 29.30 90.00 9.80 $19.00 0.20
Transcribed Image Text:During October, Splish Brothers Lighting Company experiences the following activities related to its petty cash fund: Oct. 1 A petty cash fund is established with a check for $180.00 issued to the petty cash custodian. A count of the petty cash fund disclosed the following items used for replenishment: Currency 31 31 Coins Expenditure receipts (vouchers): Office supplies (asset) Telephone, Internet, and fax (misc. exp.) Postage Freight-out The fund was increased to $210. $27.70 29.30 90.00 9.80 $19.00 0.20
Date Account Titles and Explanation (To replenish petty cash fund) Show Transcribed Text Ć Debit Credit
Transcribed Image Text:Date Account Titles and Explanation (To replenish petty cash fund) Show Transcribed Text Ć Debit Credit
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