E8.8 (LO 2), AP Horvath Company uses an imprest petty cash system. The fund was established on March 1 with a balance of $100. During March, the following petty cash receipts were found in the petty cash box. Date 3/5 7 9 Receipt No. 1 2 3 4 5 11 14 For Amount $39 21 6 24 5 Stamps Freight-Out Miscellaneous Expense Travel Expense Miscellaneous Expense The fund was replenished on March 15 when the fund contained $2 in cash. On March 20, the amount in the fund was increased to $175. Instructions Prepare jou. cash fund.
E8.8 (LO 2), AP Horvath Company uses an imprest petty cash system. The fund was established on March 1 with a balance of $100. During March, the following petty cash receipts were found in the petty cash box. Date 3/5 7 9 Receipt No. 1 2 3 4 5 11 14 For Amount $39 21 6 24 5 Stamps Freight-Out Miscellaneous Expense Travel Expense Miscellaneous Expense The fund was replenished on March 15 when the fund contained $2 in cash. On March 20, the amount in the fund was increased to $175. Instructions Prepare jou. cash fund.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Submit it in excel form
![E8.8 (LO 2), AP Horvath Company uses an imprest petty cash system. The fund was established on
March 1 with a balance of $100. During March, the following petty cash receipts were found in the petty
cash box.
Date
3/5]
7
9
11
14
Receipt
No.
1
2
3
4
5
For
Amount
$39
21
6
24
5
Stamps
Freight-Out
Miscellaneous Expense
Travel Expense
Miscellaneous Expense
The fund was replenished on March 15 when the fund contained $2 in cash. On March 20, the amount
in the fund was increased to $175.
Instructions
Journalize the entries in March that pertain to the operation of the petty cash fund.
Prepare jour
cash fund.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ffa245bb1-5945-43b4-bbb6-26b690125d92%2Fec48f77d-8e8f-4779-ac0c-9d1c1763c004%2F8dut8bp_processed.jpeg&w=3840&q=75)
Transcribed Image Text:E8.8 (LO 2), AP Horvath Company uses an imprest petty cash system. The fund was established on
March 1 with a balance of $100. During March, the following petty cash receipts were found in the petty
cash box.
Date
3/5]
7
9
11
14
Receipt
No.
1
2
3
4
5
For
Amount
$39
21
6
24
5
Stamps
Freight-Out
Miscellaneous Expense
Travel Expense
Miscellaneous Expense
The fund was replenished on March 15 when the fund contained $2 in cash. On March 20, the amount
in the fund was increased to $175.
Instructions
Journalize the entries in March that pertain to the operation of the petty cash fund.
Prepare jour
cash fund.
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