A company establishes a petty cash fund on August 3 for $410. The fund is replenished...

 

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A company establishes a petty cash fund on August 3 for $410. The fund is replenished at the end of each month. The company has also issued a credit card for its office manager to make more substantial purchases. At the end of August, the following purchases have been made: Petty Cash Fund Delivery fees Plumbing maintenance Postage Flowers for the office $115 73 47 51 $286 Credit Card Equipment Advertising Supplies $1,200 800 400 $2,400 Record the establishment of the petty cash fund on August 3. On August 31, record the petty cash expenditures during the month and the employee credit card expenditures during the month. Note: the credit card balance will not be paid until the A company establishes a petty cash fund on August 3 for $410. The fund is replenished at the end of each month. The company has also issued a credit card for its office manager to make more substantial purchases. At the end of August, the following purchases have been made: Petty Cash Fund Delivery fees Plumbing maintenance Postage Flowers for the office $115 73 47 51 $286 Credit Card Equipment Advertising Supplies $1,200 800 400 $2,400 Record the establishment of the petty cash fund on August 3. On August 31, record the petty cash expenditures during the month and the employee credit card expenditures during the month. Note: the credit card balance will not be paid until the

Answer rating: 100% (QA)

A B 1 Answer 2 3 1 3Aug Petty cash Cash 4 5 6 7 2 31Aug Delivery fees 8 9 10 11 12 499529... View the full answer