Business, 22.12.2021 01:10 kamjay2006

Wyoming Restoration Company completed the following selected transactions during July 20Y1: July 1. Established a petty cash fund of $1,100. 12. The cash sales for the day, according to the cash register records, totaled $8,192. The actual cash received from cash sales was $8,220. 31. Petty cash on hand was $47. Replenished the petty cash fund for the following disbursements, each evidenced by a petty cash receipt: July 3. Store supplies, $580. 7. Express charges on merchandise sold, $90 (Delivery Expense). 9. Office supplies, $30. 13. Office supplies, $35. 19. Postage stamps, $50 (Office Supplies). 21. Repair to office file cabinet lock, $60 (Miscellaneous Administrative Expense). 22. Postage due on special delivery letter, $28 (Miscellaneous Administrative Expense). 24. Express charges on merchandise sold, $135 (Delivery Expense). 30. Office supplies, $25. July 31. The cash sales for the day, according to the cash register records, totaled $10,241. The actual cash received from cash sales was $10,232. 31. Decreased the petty cash fund by $150.Journalize the transactions. Refer to the Chart of Accounts for exact wording of account titles. This is the chart of accounts.
CHART OF ACCOUNTS
Wyoming Restoration Company
General Ledger
ASSETS
110Cash
111Petty Cash
120Accounts Receivable
131Notes Receivable
132Interest Receivable
141Merchandise Inventory
145Office Supplies
146Store Supplies
151Prepaid Insurance
181Land
191Office Equipment
192Accumulated Depreciation-Office Equipment
193Store Equipment
194Accumulated Depreciation-Store Equipment
LIABILITIES
210Accounts Payable
221Notes Payable
222Interest Payable
231Salaries Payable
241Sales Tax Payable
EQUITY
310Common Stock
311Retained Earnings
312Dividends
313Income Summary
REVENUE
410Sales
610Interest Revenue
EXPENSES
510Cost of Merchandise Sold
515Credit Card Expense
516Cash Short and Over
520Salaries Expense
531Advertising Expense
532Delivery Expense
533Insurance Expense
534Office Supplies Expense
535Rent Expense
536Repairs Expense
537Selling Expenses
538Store Supplies Expense
561Depreciation Expense-Office Equipment
562Depreciation Expense-Store Equipment
591Miscellaneous Administrative Expense
592Miscellaneous Selling Expense
710Interest Expense

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Wyoming Restoration Company completed the following selected transactions during July 20Y1: July 1....