Petty Cash The petty cash fund of Teasdale's Auto Repair Service, a sole proprietorship, contains the following.
Question:
Petty Cash The petty cash fund of Teasdale's Auto Repair Service, a sole proprietorship, contains the following. The general ledger account Petty Cash has a balance of $300. Prepare the journal entry to record the reimbursement of the petty cashfund.
Transcribed Image Text:
$ 10.20 1. Coins and currency 2. Postage stamps 3. An 1.O.U. from Richie Cunningham, an employee, for cash advance 4. Check payable to Teasdale's Auto Repair from Pottsie Weber, an employee, marked NSF 5. Vouchers for the following: Stamps Two Rose Bowl tickets for Nick Teasdale Printer cartridge 7.90 40.00 34.00 $ 20.00 170.00 14.35 204.35 $296.45
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Related Book For
Intermediate Accounting
ISBN: 978-0470423684
13th Edition
Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield
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