Jeremiah Restoration Company completed the following selected transactions during January:Jan. 1. Established a petty cash fund of $900.12. The cash sales for the day, according to the cash register records, totaled $6,148. The actual cash received from cash sales was $6,180.31. Petty cash on hand was $75. Replenished the petty cash fund for the following disbursements, each evidenced by a petty cash receipt:Jan. 3. Store supplies, $470.7. Express charges on merchandise sold, $55 (Delivery Expense).9. Office supplies, $30.13. Office supplies, $11.19. Postage stamps, $55 (Office Supplies).21. Repair to office file cabinet lock, $60 (Miscellaneous AdministrativeExpense).22. Postage due on special delivery letter, $30 (Miscellaneous Administrative Expense).24. Express charges on merchandise sold, $85 (Delivery Expense).30. Office supplies, $14.Jan. 31. The cash sales for the day, according to the cash register records, totaled $4,550. The actual cash received from cash sales was $4,536.31. Decreased the petty cash fund by $200. Instructions Journalize the transactions.
Jeremiah Restoration Company completed the following selected transactions during January:
Jan. 1. Established a petty cash fund of $900.
12. The cash sales for the day, according to the cash register records, totaled $6,148. The actual cash received from cash sales was $6,180.
31. Petty cash on hand was $75. Replenished the petty cash fund for the following disbursements, each evidenced by a petty cash receipt:
Jan. 3. Store supplies, $470.
7. Express charges on merchandise sold, $55 (Delivery Expense).
9. Office supplies, $30.
13. Office supplies, $11.
19. Postage stamps, $55 (Office Supplies).
21. Repair to office file cabinet lock, $60 (Miscellaneous Administrative
Expense).
22. Postage due on special delivery letter, $30 (Miscellaneous Administrative Expense).
24. Express charges on merchandise sold, $85 (Delivery Expense).
30. Office supplies, $14.
Jan. 31. The cash sales for the day, according to the cash register records, totaled $4,550. The actual cash received from cash sales was $4,536.
31. Decreased the petty cash fund by $200.
Instructions
Journalize the transactions.
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