Business, 23.03.2020 19:48 Laylahlettiere
On April 2, Granger Sales decides to establish a $360 petty cash fund to relieve the burden on Accounting. Required: (a) Journalize the establishment of the fund\.\* (b) On April 10, the petty cash fund has receipts for mail and postage of $34, contributions and donations of $19, meals and entertainment of $112, and $191 in the ending cash balance. Journalize the replenishment of the fund\.\* (c) On April 11, Granger Sales decides to increase petty cash to $470. Journalize this event\.\* *Refer to the Chart of Accounts for exact wording of account titles.
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On April 2, Granger Sales decides to establish a $360 petty cash fund to relieve the burden on Accou...
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