Record the following selected transactions of Kelly's Fine Foods in general journal format (explanations are not required):

Question:

Record the following selected transactions of Kelly's Fine Foods in general journal format (explanations are not required):
2014
Jun. 1 Established a petty cash fund with a $400 balance.
2 Journalized the day's cash sales. Cash register tapes show a $4,875 total, but the cash in the register is $4,885.
10 The petty cash fund has $156.50 in cash and $234.00 in petty cash tickets issued to pay for Office Supplies ($121.00), Delivery Expense ($69.50), and Entertainment Expense ($43.50). Replenished the fund.
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Accounting Volume 1

ISBN: 978-0132690096

9th Canadian edition

Authors: Charles T. Horngren, Walter T. Harrison, Jo Ann L. Johnston, Carol A. Meissner, Peter R. Norwood

Question Posted: