the petty cash fund was replenished when there was $81 remaining and there were petty cash receipts for supplies, $53, and postage, $80. On September 15, the petty cash fund was increased to $320. Required: Prepare the journal entries, if any, required on September 1, September 10, and September 15. (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 2
the petty cash fund was replenished when there was $81 remaining and there were petty cash receipts for supplies, $53, and postage, $80. On September 15, the petty cash fund was increased to $320. Required: Prepare the journal entries, if any, required on September 1, September 10, and September 15. (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 2
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:On September 1, a company established a petty cash fund of $230. On September 10,
the petty cash fund was replenished when there was $81 remaining and there were
petty cash receipts for supplies, $53, and postage, $80. On September 15, the petty
cash fund was increased to $320.
Required:
Prepare the journal entries, if any, required on September 1, September 10, and
September 15. (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
<
3
1
2
Record replenishment of petty cash fund.
Note: Enter debits before credits.
Date
Sept. 10 Supplies
Office Expenses
Cash Shortage
Cash
Record entry
General Journal
Clear entry
Debit
53
80
Credit
View general journal
>
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