Trinh Company has set up a petty cash fund with $250.00 on April 8. Prepare a journal entry to record this. On April 16, the petty cash box contained $58.25 cash and the following receipts. The petty cash was replenished the same day. Record the journal entry. Joe’s Coffee House - $22.55 (coffee and treats for meeting) Canada Post - $32.60 (for postage) Staples - $136.25 (office supplies)
Trinh Company has set up a petty cash fund with $250.00 on April 8. Prepare a journal entry to record this. On April 16, the petty cash box contained $58.25 cash and the following receipts. The petty cash was replenished the same day. Record the journal entry. Joe’s Coffee House - $22.55 (coffee and treats for meeting) Canada Post - $32.60 (for postage) Staples - $136.25 (office supplies)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Trinh Company has set up a petty cash fund with $250.00 on April 8. Prepare a
On April 16, the petty cash box contained $58.25 cash and the following receipts. The petty cash was replenished the same day. Record the journal entry.
- Joe’s Coffee House - $22.55 (coffee and treats for meeting)
- Canada Post - $32.60 (for postage)
- Staples - $136.25 (office supplies)
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