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
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
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 14MC: A company has decided to start a petty cash fund for $150. Which of the following is the correct...
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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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