replenish the petty cash fund at the end of January.

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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During the month of January, with a petty cash fund of $100 already established, Johnson &
Johnson had the following entries to their petty cash: Delivery fee of $5, Postage of $10, Dry
cleaning of $15, and they purchased lunch one day for $35. Write the journal entry to
replenish the petty cash fund at the end of January.
Transcribed Image Text:During the month of January, with a petty cash fund of $100 already established, Johnson & Johnson had the following entries to their petty cash: Delivery fee of $5, Postage of $10, Dry cleaning of $15, and they purchased lunch one day for $35. Write the journal entry to replenish the petty cash fund at the end of January.
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