The transactions on page 345 occurred in April and were related to the general journal and petty
Question:
The chart of accounts includes Cash, 100; Petty Cash, 120; Office Equipment, 130; Postage Expense, 610; Office Supplies Expense, 620; Miscellaneous Expense, 630. The headings of the auxiliary petty cash records are as follows:
Required
1. Record the appropriate entries in the general journal as well as in the auxiliary petty cash record as needed.
2. Be sure to replenish the petty cash fund on April 30 (chequeNo.16).
Transcribed Image Text:
Account Statement BANK OF SASKATCHEWAN 10050-101 Street Regina, Saskatchewan S4J 6E2 Account No. 241 6736 Period Feb 01/15 Feb 28/15 Enclosures Page 03749 From то RICK'S DELI 8811-102 Street Regina, SK S4S 3G6 Transaction Description Cheques & Debits Deposits & Credits Date Balance Feb 01 Balance Forward Feb 02 Cheque- Feb 03 Cheque - Feb 10 Deposit Feb 10 Cheque- Feb 13 Deposit Feb 16 Cheque- Feb 20 Deposit Feb 20 NSF Returned Item Feb 23 Deposit Feb 24 Cheque Feb 26 Deposit Feb 27 Cheque- Feb 28 Service Charge 6,000.00 108 90.00 114 116 113 210.00 150.00 600.00 300.00 1,200.00 600.00 5,700.00 300.00 600.00 300.00 1,200.00 180.00 5,850.00 6,450.00 5,850.00 5,850.00 7,050.00 5,850.00 6,030.00 118 30.00 5,400.00 No. of Debits Total Amount No. of Credits Total Amount 8 3,180.00 2,580.00 2013 Api Issued cheque No. 14 for $100 to establish a petty cash fund. 5 Paid $15 from petty cash for postage, voucher No. 8 Paid $20 from petty cash for office supplies, voucher No. 2. 16 Paid $18 from petty cash for office supplies, voucher No. 3 23 26 Paid $14 from petty cash for postage, voucher No. 4. Paid $9 from petty cash for local church donation, voucher No. 5 (this is a miscellaneous payment) Issued cheque No. 15 to Roy Kloon to pay for office equip- ment, $700 29 AUXILIARY PETTY CASH RECORD Category of Payments Office upplies Sundry Date Voucher 2013 No. Description Receipts Payments Expense ExpenseAccount Amount
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College Accounting A Practical Approach
ISBN: 978-0132564441
11th Canadian Edition
Authors: Jeffrey Slater, Brian Zwicker
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