need help with all working thanks On September 1, 2019, Hip Street set up a petty cash fund for $275. At the end of the first week, the petty cash fund contains the following items.Cash on handReceipt for the purchase of office suppliesReceipt for the delivery chargesReceipt for the purchase of stampsReceipt for travel to a client meetingReceipt for the payment of newspaper advertising $73RequiredDo not enter dollar signs or commas in the input boxes.a) Calculate any cash overage or shortage.by $Cash isb) Prepare the journal entries for setting up, and replenishing the petty cash fund.For transactions with more than one debit. enter the debit accounts in alphabetical order.CreditDate Account Title and ExplanationDebit2019Sep 1Sep 7Set up the petty cash fundi0·0$82$36$13$19$44•To replenish the petty cash fund

The petty cash is created to maintain the cash balance for day to day cash transactions of the…

On September 1, 2019, Hip Street set up a petty cash fund for $275. At the end of the first week, the petty cash fund contains the following items. Cash on hand Receipt for the purchase of office supplies Receipt for the delivery charges Receipt for the purchase of stamps Receipt for travel to a client meeting $44 Receipt for the payment of newspaper advertising $73 a) Calculate any cash overage or shortage. Cash is Required Do not enter dollar signs or commas in the input boxes. by Sep 7 b) Prepare the journal entries for setting up, and replenishing the petty cash fund. For transactions with more than one debit. enter the debit accounts in alphabetical order. Date Account Title and Explanation Debit Credit 2019 Sep 1 Set up the petty cash fund $82 $36 • $13 $19 0

On September 1, 2019, Hip Street set up a petty cash fund for $275. At the end of the first week, the petty cash fund contains the following items. Cash on hand Receipt for the purchase of office supplies Receipt for the delivery charges Receipt for the purchase of stamps Receipt for travel to a client meeting $44 Receipt for the payment of newspaper advertising $73 a) Calculate any cash overage or shortage. Cash is Required Do not enter dollar signs or commas in the input boxes. by Sep 7 b) Prepare the journal entries for setting up, and replenishing the petty cash fund. For transactions with more than one debit. enter the debit accounts in alphabetical order. Date Account Title and Explanation Debit Credit 2019 Sep 1 Set up the petty cash fund $82 $36 • $13 $19 0

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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