The following documentation was found in Vector Enterprises's petty cash box, for the month of April: April Item Scopier paper office use 6 paper clips 8 Pappa's Pizza Staff meeting 14 Gas 16 Orangeabee's customer meeting $ 22 OPS Courier Freight-In Purpose Amount 57.41 office use 8.05 30.18 delivery van 22.18 30.86 15.42 General Ledger expense accounts are, as follows: Merchandise Inventory Delivery Expense Office Supplies Expense Meetings Expense The opening balance of the petty cash fund was $200 and the amount of cash remaining at the end of the month is $6.41. The company wants to reduce the petty cash fund to $150. REQUIRED: Prepare a General Journal entry to replenish the petty cash fund for the month of April and adjust it to the new desired level.

The following documentation was found in Vector Enterprises's petty cash box, for the month of April: April Item Scopier paper office use 6 paper clips 8 Pappa's Pizza Staff meeting 14 Gas 16 Orangeabee's customer meeting $ 22 OPS Courier Freight-In Purpose Amount 57.41 office use 8.05 30.18 delivery van 22.18 30.86 15.42 General Ledger expense accounts are, as follows: Merchandise Inventory Delivery Expense Office Supplies Expense Meetings Expense The opening balance of the petty cash fund was $200 and the amount of cash remaining at the end of the month is $6.41. The company wants to reduce the petty cash fund to $150. REQUIRED: Prepare a General Journal entry to replenish the petty cash fund for the month of April and adjust it to the new desired level.

Name: Question 2 (The following documentation was found in Vector Enterpris
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Description: Question 2 (The following documentation was found in Vector Enterprises's petty cash box, forthe month of April:AprilItemScopier paper office use6 paper clips8 Pappa's Pizza Staff meetingPurposeAmount57.41office use8.05Main Co30.1814 Gasdelivery van

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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