Clooney Corp. establishes a petty cash fund for $225. By the end of the month, employees made

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Clooney Corp. establishes a petty cash fund for $225. By the end of the month, employees made the following expenditures from the fund: postage, $60; delivery, $85; supplies expense, $50; entertainment, $25. Record the expenditures from the petty cash fund, and record the entry to replenish the petty cash fund.

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Financial Accounting

ISBN: 978-0078025549

3rd edition

Authors: J. David Spiceland, Wayne Thomas, Don Herrmann

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