Question: Denison Corp. established a petty cash fund at the beginning of the current month. At the end EXAMPLE 6-4 of the month, the amount of

Denison Corp. established a petty cash fund at the beginning of the current month. At the end EXAMPLE 6-4 of the month, the amount of coin and currency on hand was $65.50. Denison recorded the following entry at the end of the current month to replenish the petty cash fund:
Denison Corp. established a petty cash fund at the beginning

Determine the amount of the check written at the beginning of the month to establish the fund.

44.00 49.70 22.40 66.20 2.20 Jan. 31 Postage Expense Delivery Expense Entertainment Expense Office Supplies Expense Cash Over and Short Cash To record replenishment of petty cash fund. 184.50

Step by Step Solution

3.48 Rating (164 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

The amount of cash needed to replenish the fund ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

966-B-C-A-C-A (928).docx

120 KBs Word File

Students Have Also Explored These Related Cost Accounting Questions!