Horvath Company uses an imprest petty cash system. The fund was established on March 1 with a
Question:
The fund was replenished on March 15 when the fund contained $2 in cash. On March 20, the amount in the fund was increased to $175.
Instructions
Journalize the entries in March that pertain to the operation of the petty cashfund.
Transcribed Image Text:
Receipt No. Date 3/5 For Amount $39 21 Stamp Inventory Freight-Out Miscellaneous Expense Travel Expense Miscellaneous Expense 4 24 14
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Related Book For
Accounting Principles
ISBN: 9781118566671
11th Edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
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