Question: On September 1 Anders Properties establishes a petty cash fund

On September 1, Anders Properties establishes a petty cash fund for $200. On September 30, the fund's custodian prepares a report showing $130 in cash remaining and receipts of $12 for miscellaneous items, $20 for postage, and $35 for supplies. The custodian presents the report to the company accountant, who replenishes the fund.
Required
Prepare all necessary journal entries for the month of September.



Sale on SolutionInn
Sales0
Views137
Comments
  • CreatedJuly 16, 2015
  • Files Included
Post your question
5000