Question: Kathy s Landscaping established a petty cash fund of 450 on

Kathy’s Landscaping established a petty cash fund of $450 on February 1, 2015. On February 28, 2015, the petty cash on hand was $140.65, and the following receipts were found in the cash box:
Feb. 2. Inventory, $166.82.
9. Office supplies, $24.64.
16. IOU from Willie Smith, $40.00.
26. Paper, $72.53 (Office Supplies).
28. The company decided to close the petty cash fund.
Instructions
Journalize the necessary entries.

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  • CreatedSeptember 15, 2015
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