Prepare the journal entries for the following petty cash transactions of Online Gaming Supplies: Mar. 1 31
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Prepare the journal entries for the following petty cash transactions of Online Gaming Supplies:
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Mar. 1 31 Apr. 15 Established a petty cash fund with a $150 balance. The petty cash fund has $14 in cash and $148 in petty cash tickets that were issued to pay for Supplies ($58) and Entertainment Expense ($90). Replenished the fund and recorded the expenditures. Increased the balance of the petty cash fund to $200.
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Horngrens Accounting The Financial Chapters
ISBN: 9780137884858
14th Edition
Authors: Brenda Mattison, Tracie Miller-Nobles
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