Question

Sunshine Health established a $ 100 petty cash fund on January 1. From January 2 through 10, payments were made from the fund, as listed below. On January 12, the fund had only $ 10 remaining; a check was written to replenish the fund.
a. January 2— Paid cash for deliveries to customers—$ 23.
b. January 7— Paid cash for taxi fare incurred by office manager—$ 50.
c. January 10— Paid cash for pens and other office supplies—$ 17.
Required:
1. Prepare the journal entry, if any, Required. on January 1.
2. Prepare the journal entries, if any, Required. on January 2 through 10.
3. Prepare the journal entries, if any, Required. on January 12.


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  • CreatedNovember 02, 2015
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