On September 1, French company has decided to initiate a petty cash fund in the amount of $800. Prepare journal entries for the following transactions: A. On September 5, the petty cash fund needed replenishment, and the following are the receipts: Auto Expense $37, Supplies $124, Postage Expense $270, Repairs and Maintenance Expense $168, Miscellaneous Expense $149. The cash on hand at this time was $48. B. On September 14, the petty cash fund needed replenishment and the following are the receipts: Auto Expense $18, Supplies $175, Postage Expense $50, Repairs and Maintenance Expense $269, Miscellaneous Expense $59. The cash on hand at this time was $210. C. On September 23, the petty cash fund needed replenishment and the following are the receipts: Auto Expense $251, Supplies $88, Postage Expense $63, Repairs and Maintenance Expense $182, Miscellaneous Expense $203. The cash on hand at this time was $20. D. On September 29, the company determined that the petty cash fund needed to be increased to $1,000. E. On September 30, the petty cash fund needed replenishment as it was month end. The following are the receipts: Auto Expense $18, Supplies $15, Postage Expense $57, Repairs and Maintenance Expense $49, Miscellaneous Expense $29. The cash on hand at this time was $837
On September 1, French company has decided to initiate a petty cash fund in the amount of
$800. Prepare
A. On September 5, the petty cash fund needed replenishment, and the following are the
receipts: Auto Expense $37, Supplies $124, Postage Expense $270, Repairs and
Maintenance Expense $168, Miscellaneous Expense $149. The cash on hand at this time
was $48.
B. On September 14, the petty cash fund needed replenishment and the following are the
receipts: Auto Expense $18, Supplies $175, Postage Expense $50, Repairs and
Maintenance Expense $269, Miscellaneous Expense $59. The cash on hand at this time
was $210.
C. On September 23, the petty cash fund needed replenishment and the following are the
receipts: Auto Expense $251, Supplies $88, Postage Expense $63, Repairs and
Maintenance Expense $182, Miscellaneous Expense $203. The cash on hand at this time
was $20.
D. On September 29, the company determined that the petty cash fund needed to be
increased to $1,000.
E. On September 30, the petty cash fund needed replenishment as it was month end. The
following are the receipts: Auto Expense $18, Supplies $15, Postage Expense $57,
Repairs and Maintenance Expense $49, Miscellaneous Expense $29. The cash on hand at
this time was $837
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