Prepare journal entries for each of the following:a. Issued a check to establish a petty cash fund of $500. If an amount box does not require an entry, leave it blank. fill in the blank 2d5507fe6fa0fa7_2fill in the blank 2d5507fe6fa0fa7_3 fill in the blank 2d5507fe6fa0fa7_5fill in the blank 2d5507fe6fa0fa7_6b. The amount of cash in the petty cash fund is $85. Issued a check to replenish the fund, based on the following summary of petty cash receipts: store supplies, $360 and miscellaneous selling expense, $40. Record any missing funds in the cash short and over account. If an amount box does not require an entry, leave it blank

Minor cash is a term used to describe a dedicated fund established by a company to cover routine…

Answered: Prepare journal entries for each of the…

Century 21 Accounting Multicolumn Journal

11th Edition

ISBN:9781337679503

Author:Gilbertson

Publisher:Gilbertson

Chapter5: Cash Control Systems

Section: Chapter Questions

Problem 3AP

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Prepare journal entries for each of the following:

a. Issued a check to establish a petty cash fund of $500. If an amount box does not require an entry, leave it blank.

		fill in the blank 2d5507fe6fa0fa7_2	fill in the blank 2d5507fe6fa0fa7_3
		fill in the blank 2d5507fe6fa0fa7_5	fill in the blank 2d5507fe6fa0fa7_6

b. The amount of cash in the petty cash fund is $85. Issued a check to replenish the fund, based on the following summary of petty cash receipts: store supplies, $360 and miscellaneous selling expense, $40. Record any missing funds in the cash short and over account. If an amount box does not require an entry, leave it blank

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