The following transactions occurred in March and were related to the general journal and petty cash fund of Samuel & Co. of St. John’s. 

2019 Mar. 

1 Issued cheque No. 314 for $200 to establish a petty cash fund. 

5 Paid $45 from petty cash for postage, voucher No. 1. 

8 Paid $39 from petty cash for office supplies, voucher No. 2. 

18 Paid $27 from petty cash for office supplies, voucher No. 3. 

25 Paid $47 from petty cash for postage, voucher No. 4. 

26 Paid $20 from petty cash to support a student walk event, voucher No. 5 (this is a miscellaneous payment).

29 Issued cheque No. 315 to Klondike Office Equipment to pay for office equipment, $1,890. 

The chart of accounts includes Cash, 100; Petty Cash, 105; Office Equipment, 170; Postage Expense, 645; Office Supplies Expense, 640; Miscellaneous Expense, 630. The headings of the auxiliary petty cash records are the same as for problem P8-3A. 

Required 

1. Record the appropriate entries in the general journal and the auxiliary petty cash record as needed. 

2. Be sure to replenish the petty cash fund on March 31 (cheque No. 316). 

Data From Problem P8-3A. 

As the bookkeeper of Rose Company of Drumheller, you received the bank statement from TD Canada Trust indicating a balance of $5,820. The ending chequebook balance was $6,321. Prepare the bank reconciliation for Rose Company as of July 31, 2020, and prepare journal entries as needed based on the following. 

a. Deposits in transit, $2,875. 

b. Bank service charges, $24. 

c. Cheques outstanding: No. 111, $478; No. 115, $1,147. 

d. TD Canada Trust collected a note for Rose, $1,770, less a $12 collection fee. 

e. NSF cheque, $525. 

f. Rose Company records cheque No. 107 as $900 to pay the month’s rent. The cancelled cheque and bank statement show the actual cheque was $800. 

g. The bank made an error by deducting a cheque for $560 issued by another business.