Petty cash fund Instructions Journalize the necessary entries for each of the following: Required: ...
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Accounting
Petty cash fund
Instructions
Journalize the necessary entries for each of the following:
Required:
a On March issued a check to establish a petty cash fund of $
b On April the amount of cash in the petty cash fund is $ Issued a check to replenish the fund, based on the following summary of petty cash receipts: repair expense, $ and miscellaneous selling expense, $ Record any missing funds in the cash short and over account.
Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered.
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