The petty cash fund of $200 for Tomkins Company appeared as follows on December 31, 2014 Cash
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Question:
The petty cash fund of $200 for Tomkins Company appeared as follows on December 31, 2014
Cash $50.60
Petty Cash Vouchers
Freight-in $58.40
Postage 40.00
Balloons for a special occasion 20.00
Meals 25.00
1. Prepare the general journal entry to replenish the fund.
2. On December 31, the office manager gives instructions to increase the petty cash fund by $50. Make the appropriate journal entry.
Related Book For
Fundamental financial accounting concepts
ISBN: 978-0078025365
8th edition
Authors: Thomas P. Edmonds, Frances M. Mcnair, Philip R. Olds, Edward
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