Required information [The following information applies to the questions displayed below.] Harristown Hockey Club (HHC) maintains a petty cash fund for minor club expenditures. The petty cash custodian, Wayne Crosby, describes the events that occurred during the last two months: a. I established the fund by cashing a check from HHC for $300 made payable to me. b. Tom Canuck provided a $88 receipt for repairs to the club's computer, so I paid $88 cash to him. c. Kim Harra provided a receipt for $68 for various supplies she planned to use to decorate the arena later this year. I paid $68 cash to her. d. Trainer Jim bought some equipment that the club intends to use for the next few years. He gave me the receipt and I paid him $98. e. On the last day of the month, I prepared a summary of expenditures and requested the fund be replenished. I received and cashed a check from HHC for $254, placing the cash into a locked cash box. f. Wendy Wignes provided receipts for supplies purchased for the club's office for use next month. I paid $143 cash to her. g. Destiny Hook provided a phone bill showing she had paid $48 for telephone calls made to contact referees for the annual tournament. I paid her $48 cash. h. Gutty McTavish submitted a receipt for $53 for a haircut he received. I did not pay him. i. On the last day of the month, I received and cashed a check from HHC for $191, placing the cash into the locked cash box.
Required information [The following information applies to the questions displayed below.] Harristown Hockey Club (HHC) maintains a petty cash fund for minor club expenditures. The petty cash custodian, Wayne Crosby, describes the events that occurred during the last two months: a. I established the fund by cashing a check from HHC for $300 made payable to me. b. Tom Canuck provided a $88 receipt for repairs to the club's computer, so I paid $88 cash to him. c. Kim Harra provided a receipt for $68 for various supplies she planned to use to decorate the arena later this year. I paid $68 cash to her. d. Trainer Jim bought some equipment that the club intends to use for the next few years. He gave me the receipt and I paid him $98. e. On the last day of the month, I prepared a summary of expenditures and requested the fund be replenished. I received and cashed a check from HHC for $254, placing the cash into a locked cash box. f. Wendy Wignes provided receipts for supplies purchased for the club's office for use next month. I paid $143 cash to her. g. Destiny Hook provided a phone bill showing she had paid $48 for telephone calls made to contact referees for the annual tournament. I paid her $48 cash. h. Gutty McTavish submitted a receipt for $53 for a haircut he received. I did not pay him. i. On the last day of the month, I received and cashed a check from HHC for $191, placing the cash into the locked cash box.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Transcribed Image Text:Required:
1. Prepare journal entries where required. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the
first account field.)
View transaction list
Journal entry worksheet
1
2
3
4
7
8
9
>
I established the fund by cashing a check from HHC for $300 made payable to
me. Record the transaction.
Note: Enter debits before credits.
Transaction
General Journal
Debit
Credit
a.
Record entry
Clear entry
View general journal
![Required information
[The following information applies to the questions displayed below.]
Harristown Hockey Club (HHC) maintains a petty cash fund for minor club expenditures. The petty cash custodian, Wayne
Crosby, describes the events that occurred during the last two months:
a. I established the fund by cashing a check from HHC for $300 made payable to me.
b. Tom Canuck provided a $88 receipt for repairs to the club's computer, so I paid $88 cash to him.
c. Kim Harra provided a receipt for $68 for various supplies she planned to use to decorate the arena later this year. I paid
$68 cash to her.
d. Trainer Jim bought some equipment that the club intends to use for the next few years. He gave me the receipt and I
paid him $98.
e. On the last day of the month, I prepared a summary of expenditures and requested the fund be replenished. I received
and cashed a check from HHC for $254, placing the cash into a locked cash box.
f. Wendy Wignes provided receipts for supplies purchased for the club's office for use next month. I paid $143 cash to her.
g. Destiny Hook provided a phone bill showing she had paid $48 for telephone calls made to contact referees for the
annual tournament. I paid her $48 cash.
h. Gutty McTavish submitted a receipt for $53 for a haircut he received. I did not pay him.
i. On the last day of the month, I received and cashed a check from HHC for $191, placing the cash into the locked cash
box.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7512406d-bb01-42f7-ad46-687324c63c1e%2F9ee06213-ffa1-4fa0-b62f-be2c20c35a35%2F24m6o0a_processed.png&w=3840&q=75)
Transcribed Image Text:Required information
[The following information applies to the questions displayed below.]
Harristown Hockey Club (HHC) maintains a petty cash fund for minor club expenditures. The petty cash custodian, Wayne
Crosby, describes the events that occurred during the last two months:
a. I established the fund by cashing a check from HHC for $300 made payable to me.
b. Tom Canuck provided a $88 receipt for repairs to the club's computer, so I paid $88 cash to him.
c. Kim Harra provided a receipt for $68 for various supplies she planned to use to decorate the arena later this year. I paid
$68 cash to her.
d. Trainer Jim bought some equipment that the club intends to use for the next few years. He gave me the receipt and I
paid him $98.
e. On the last day of the month, I prepared a summary of expenditures and requested the fund be replenished. I received
and cashed a check from HHC for $254, placing the cash into a locked cash box.
f. Wendy Wignes provided receipts for supplies purchased for the club's office for use next month. I paid $143 cash to her.
g. Destiny Hook provided a phone bill showing she had paid $48 for telephone calls made to contact referees for the
annual tournament. I paid her $48 cash.
h. Gutty McTavish submitted a receipt for $53 for a haircut he received. I did not pay him.
i. On the last day of the month, I received and cashed a check from HHC for $191, placing the cash into the locked cash
box.
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