Please record the following transactions: Jan 4 Established a petty cash fund in the amount of $80 Jan 15 Increased the petty cash fund to $200 IMPORTANT: When entering numbers, please do not use commas, decimal places, or dollar signs. Journal Date 2023 Jan 4 Journal Date 2023 Jan 15 Accounts and Explanations To establish the petty cash fund Accounts and Explanations Cash Cash Over and Short Petty Cashi Petty Cash Expense Replenishment Expense float PR PR Debit Debit Page 20 Credit Page 23 Credit
Please record the following transactions: Jan 4 Established a petty cash fund in the amount of $80 Jan 15 Increased the petty cash fund to $200 IMPORTANT: When entering numbers, please do not use commas, decimal places, or dollar signs. Journal Date 2023 Jan 4 Journal Date 2023 Jan 15 Accounts and Explanations To establish the petty cash fund Accounts and Explanations Cash Cash Over and Short Petty Cashi Petty Cash Expense Replenishment Expense float PR PR Debit Debit Page 20 Credit Page 23 Credit
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Dd79.

Transcribed Image Text:Please record the following transactions:
Jan 4 Established a petty cash fund in the amount of $80
Jan 15 Increased the petty cash fund to $200
IMPORTANT:
When entering numbers, please do not use commas, decimal places, or dollar signs.
Journal
Date:
2023
Jan 4
Journal
Date
2023
Jan 15
Accounts and Explanations
To establish the petty cash fund
Accounts and Explanations
Cash
Cash Over and Short
Petty Cash
Petty Cash Expense
Replenishment Expense
float
PR
PR
Debit
Debit
Page 20
Credit
Page 23
Credit
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps

Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you


Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,

Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,


Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,

Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,

Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON

Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education

Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education