Fresh Foods established a petty cash fund of $ 3 0 0 on January 2 . On
Fantastic news! We've Found the answer you've been seeking!
Question:
Fresh Foods established a petty cash fund of $on JanuaryOn Januarythe fund contained cash of $and vouchers for the following cash payments.
Maintenance expense $
Office supplies
Transportation expense
The three distinct accounting events affecting the petty cash fund for the period wereestablishment of the fund,reimbursements made to employees, andrecognition of expenses and replenishment of the fund. Assume the company uses the alternative approach to petty cash expense recognition and replenishment.
bRecord the events in general journal format.If no entry is required for a transactioneventselectNo journal entry required\" in the first account field. Round your answers todecimal places.
Posted Date: