If, in exercise E8-2A, cash on hand was $11, prepare the entry to replenish the petty cash
Question:
If, in exercise E8-2A, cash on hand was $11, prepare the entry to replenish the petty cash on July 31.
Data From exercise E8-2A
In general journal form, prepare journal entries to establish a petty cash fund on July 2 and replenish it on July 31.
2018 July
2 A $100 petty cash fund is established.
31 At the end of the month, $12 cash plus the following paid vouchers exist: donations expense, $20; postage expense, $18; office supplies expense, $25; miscellaneous expense, $25.
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2018 July 31 Donations Expense Postage ...View the full answer
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Related Book For 
College Accounting A Practical Approach
ISBN: 978-0134166698
13th Canadian edition
Authors: Jeffrey Slater, Debra Good
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