Petty Cash Record and Journal Entries On May 1, a petty cash fund was established for $153.00. The following vouchers were issued during May: Date Voucher No. Purpose Amount May 1 1 postage due $ 3.10 3 2 office supplies 13.00 5 3 auto repair (miscellaneous) 46.00 7 4 drawing (Joy Adams) 24.00 11 5 donation (Red Cross) 9.00 15 6 travel expenses 23.00 22 7 postage stamps 2.90 26 8 phone call 7.00 30 9 donation (Boy Scouts) 22.00 Required: 1. Prepare the journal entry to establish the petty cash fund. If an amount box does not require an entry, leave it blank. 2. Record the vouchers in the petty cash record. Total each column to determine the balance before replenishing the petty cash fund. When required, enter amounts in dollars and cents. 3. Prepare the journal entry to replenish the petty cash fund. Then record the amount in the petty cash record in part 2. If an amount box does not require an entry, leave it blank.
Answers: 3
Other questions on the subject: Business
Business, 21.06.2019 22:30, jazzy2971
Match the vocabulary word to the correct definition. 1. sexual harassment 2. terminate 3. recruitment 4. professional development 5. union a. any unwanted sexual attention, the suggestions that maintaining one’s job or professional advancement depends on sexual favors, or verbal and/or physical harassment of a sexual nature b. to fire from a job or end a professional relationship c. an organization of those in the same industry who join together to more effectively bargain with employers d. the process of attracting and hiring employees e. continuing education in a chosen field
Answers: 1
Business, 22.06.2019 02:00, Sumysumy
Southeastern bell stocks a certain switch connector at its central warehouse for supplying field service offices. the yearly demand for these connectors is 15,000 units. southeastern estimates its annual holding cost for this item to be $25 per unit. the cost to place and process an order from the supplier is $75. the company operates 300 days per year, and the lead time to receive an order from the supplier is 2 working days. a) find the economic order quantity. b) find the annual holding costs. c) find the annual ordering costs. d) what is the reorder point?
Answers: 2
Business, 22.06.2019 10:30, highflylex279
Describe three scenarios in which you might utilize mathematics to investigate a crime scene, accident scene, or to make decisions involving police practice. be sure to explain how math is used in police as they work through each scenario.
Answers: 1
You know the right answer?
Petty Cash Record and Journal Entries On May 1, a petty cash fund was established for $153.00. The f...
Questions in other subjects:
Social Studies, 23.07.2019 07:00
Mathematics, 23.07.2019 07:00
Mathematics, 23.07.2019 07:00
