RTyron Consulting Company established a $300 petty cash fund by issuing a check to the custofian...
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RTyron Consulting Company established a $300 petty cash fund by issuing a check to the custofian of the account on February 1. On February 15, the petty cash fund was replenished and increased to $800 in total. The contents of the petty cash fund at the time of the February 15 replenishment were: Currency and coins Petty cash recepts for: Transportation-in for inventory Delivery Expense Repairs to office equipment Postage REntertainment of customers a Total $12 $39 88 47 64 53 291 $303 5 Prepare Quibble's general journal entry to record both the reimbursement and the increase of 6 the petty cash fund on February 15 Debit Credit Merchandise inventory Delivery Expense Repairs Expense Postage Expense Entertainment Expense Petty Cash Cash over and short 19 Feb. 15 RO 21 22 23 24 25 26 Cash 27 To reimburse petty cash and increase it to S800 28 RTyron Consulting Company established a $300 petty cash fund by issuing a check to the custofian of the account on February 1. On February 15, the petty cash fund was replenished and increased to $800 in total. The contents of the petty cash fund at the time of the February 15 replenishment were: Currency and coins Petty cash recepts for: Transportation-in for inventory Delivery Expense Repairs to office equipment Postage REntertainment of customers a Total $12 $39 88 47 64 53 291 $303 5 Prepare Quibble's general journal entry to record both the reimbursement and the increase of 6 the petty cash fund on February 15 Debit Credit Merchandise inventory Delivery Expense Repairs Expense Postage Expense Entertainment Expense Petty Cash Cash over and short 19 Feb. 15 RO 21 22 23 24 25 26 Cash 27 To reimburse petty cash and increase it to S800 28
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Answer Debit Credit 3900 8800 4700 3 Sno Account title Exp... View the full answer
Related Book For
Fundamental financial accounting concepts
ISBN: 978-0078025365
8th edition
Authors: Thomas P. Edmonds, Frances M. Mcnair, Philip R. Olds, Edward
Posted Date:
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