Based on the following petty cash information, prepare (a) The journal entry to establish a petty cash

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Based on the following petty cash information, prepare

(a) The journal entry to establish a petty cash fund,

(b) The journal entry to replenish the petty cash fund. On October 1, 20--, a check was written in the amount of $200.00 to establish a petty cash fund. During October, the following vouchers were written for cash taken from the petty cashdrawer:

Voucher No. Account Debited Postage Expense Miscellancous Expense John Flanagan, Drawing Telephone Expense Charitable Co
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College Accounting

ISBN: 978-0538745192

20th Edition

Authors: Heintz and Parry

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