Journalize the entries to record the following: Apr. 1 Established a petty cash fund of $350. 10 Cash sales for the day, according to the cash register records, totaled $3,120. The actual cash received from cash sales was $3,122. The amount of cash in the petty cash fund is now $130. The fund is replenished based on the following petty cash receipts: office supplies, $98; postage, $106; miscellaneous, $12. Record any missing funds in 30 the cash short and over account. 30 Cash sales for the day, according to the cash register records, totaled $6,350. The actual amount of cash received for the day was $6,336. 30 Decreased the petty cash fund by $100.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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**Journalize the Entries to Record the Following Transactions**

**Apr. 1**
- Established a petty cash fund of $350.

**Apr. 10**
- Cash sales for the day, according to the cash register records, totaled $3,120. The actual cash received from cash sales was $3,122.

**Apr. 30**
- The amount of cash in the petty cash fund is now $130. The fund is replenished based on the following petty cash receipts: office supplies, $98; postage, $106; miscellaneous, $12. Record any missing funds in the cash short and over account.

- Cash sales for the day, according to the cash register records, totaled $6,350. The actual amount of cash received for the day was $6,336.

- Decreased the petty cash fund by $100.

**Instructions:**
If an amount box does not require an entry, leave it blank.

- **Apr. 1**  
  - [Dropdown] | [Amount]
  - [Dropdown] | [Amount]

- **Apr. 10**  
  - [Dropdown] | [Amount]
  - [Dropdown] | [Amount]
  - [Dropdown] | [Amount]

- **Apr. 30**  
  - [Dropdown] | [Amount]
  - [Dropdown] | [Amount]
  - [Dropdown] | [Amount]
  - [Dropdown] | [Amount]

- **Apr. 30**  
  - [Dropdown] | [Amount]
  - [Dropdown] | [Amount]

- **Apr. 30**  
  - [Dropdown] | [Amount]
  - [Dropdown] | [Amount]
Transcribed Image Text:**Journalize the Entries to Record the Following Transactions** **Apr. 1** - Established a petty cash fund of $350. **Apr. 10** - Cash sales for the day, according to the cash register records, totaled $3,120. The actual cash received from cash sales was $3,122. **Apr. 30** - The amount of cash in the petty cash fund is now $130. The fund is replenished based on the following petty cash receipts: office supplies, $98; postage, $106; miscellaneous, $12. Record any missing funds in the cash short and over account. - Cash sales for the day, according to the cash register records, totaled $6,350. The actual amount of cash received for the day was $6,336. - Decreased the petty cash fund by $100. **Instructions:** If an amount box does not require an entry, leave it blank. - **Apr. 1** - [Dropdown] | [Amount] - [Dropdown] | [Amount] - **Apr. 10** - [Dropdown] | [Amount] - [Dropdown] | [Amount] - [Dropdown] | [Amount] - **Apr. 30** - [Dropdown] | [Amount] - [Dropdown] | [Amount] - [Dropdown] | [Amount] - [Dropdown] | [Amount] - **Apr. 30** - [Dropdown] | [Amount] - [Dropdown] | [Amount] - **Apr. 30** - [Dropdown] | [Amount] - [Dropdown] | [Amount]
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