Kathys Landscaping established a petty cash fund of $450 on February 1, 2015. On February 28, 2015,

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Kathy’s Landscaping established a petty cash fund of $450 on February 1, 2015. On February 28, 2015, the petty cash on hand was $140.65, and the following receipts were found in the cash box:

Feb. 2. Inventory, $166.82.

9. Office supplies, $24.64.

16. IOU from Willie Smith, $40.00.

26. Paper, $72.53 (Office Supplies).

28. The company decided to close the petty cash fund.

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Journalize the necessary entries.

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Accounting

ISBN: 978-0176509743

Volume 1, 2nd canadian Edition

Authors: Carl warren, James Reeve, Jonathen Duchac, Sheila Elworthy,

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Question Posted: Sep 15, 2015 01:53 AM

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Kathys Landscaping established a petty cash fund of $450 on February 1, 2015. On February 28, 2015,

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Accounting

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