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Prepare journal entries for each of the following: a.  Issued a check to establish a petty cash fund of $600. If an amount box does not require an entry, leave it blank.   Accounts Payable Accounts Receivable Cash Cash Short and Over Miscellaneous Selling Expense Petty Cash Store Supplies     fill in the blank d5b6b7fad01d048_2 fill in the blank d5b6b7fad01d048_3     fill in the blank d5b6b7fad01d048_5 fill in the blank d5b6b7fad01d048_6 b.  The amount of cash in the petty cash fund is $200. Issued a check to replenish the fund, based on the following summary of petty cash receipts: store supplies, $235 and miscellaneous selling expense, $148. Record any missing funds in the cash short and over account. If an amount box does not require an entry, leave it blank.   Accounts Payable Accounts Receivable Cash Notes Receivable Petty Cash Store Supplies       fill in the blank 6f283ef56022f94_2 fill in the blank 6f283ef56022f94_3     fill in the blank 6f283ef56022f94_5 fill in the blank 6f283ef56022f94_6     fill in the blank 6f283ef56022f94_8 fill in the blank 6f283ef56022f94_9     fill in the blank 6f283ef56022f94_11 fill in the blank 6f283ef56022f94_12

Prepare journal entries for each of the following: a.  Issued a check to establish a petty cash fund of $600. If an amount box does not require an entry, leave it blank.   Accounts Payable Accounts Receivable Cash Cash Short and Over Miscellaneous Selling Expense Petty Cash Store Supplies     fill in the blank d5b6b7fad01d048_2 fill in the blank d5b6b7fad01d048_3     fill in the blank d5b6b7fad01d048_5 fill in the blank d5b6b7fad01d048_6 b.  The amount of cash in the petty cash fund is $200. Issued a check to replenish the fund, based on the following summary of petty cash receipts: store supplies, $235 and miscellaneous selling expense, $148. Record any missing funds in the cash short and over account. If an amount box does not require an entry, leave it blank.   Accounts Payable Accounts Receivable Cash Notes Receivable Petty Cash Store Supplies       fill in the blank 6f283ef56022f94_2 fill in the blank 6f283ef56022f94_3     fill in the blank 6f283ef56022f94_5 fill in the blank 6f283ef56022f94_6     fill in the blank 6f283ef56022f94_8 fill in the blank 6f283ef56022f94_9     fill in the blank 6f283ef56022f94_11 fill in the blank 6f283ef56022f94_12

FINANCIAL ACCOUNTING
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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Prepare journal entries for each of the following:

a.  Issued a check to establish a petty cash fund of $600. If an amount box does not require an entry, leave it blank.

 

  • Accounts Payable
  • Accounts Receivable
  • Cash
  • Cash Short and Over
  • Miscellaneous Selling Expense
  • Petty Cash
  • Store Supplies
    fill in the blank d5b6b7fad01d048_2 fill in the blank d5b6b7fad01d048_3
    fill in the blank d5b6b7fad01d048_5 fill in the blank d5b6b7fad01d048_6

b.  The amount of cash in the petty cash fund is $200. Issued a check to replenish the fund, based on the following summary of petty cash receipts: store supplies, $235 and miscellaneous selling expense, $148. Record any missing funds in the cash short and over account. If an amount box does not require an entry, leave it blank.

 

  • Accounts Payable
  • Accounts Receivable
  • Cash
  • Notes Receivable
  • Petty Cash
  • Store Supplies

 

    fill in the blank 6f283ef56022f94_2 fill in the blank 6f283ef56022f94_3
    fill in the blank 6f283ef56022f94_5 fill in the blank 6f283ef56022f94_6
    fill in the blank 6f283ef56022f94_8 fill in the blank 6f283ef56022f94_9
    fill in the blank 6f283ef56022f94_11 fill in the blank 6f283ef56022f94_12
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