Question: counting, ge Help System Announcements CALCULATOR PRINTER VERSION Question 3 Sunland Company maintains a petty cash fund for small expenditures. These transactions occurred during the

 counting, ge Help System Announcements CALCULATOR PRINTER VERSION Question 3 Sunland
Company maintains a petty cash fund for small expenditures. These transactions occurred

counting, ge Help System Announcements CALCULATOR PRINTER VERSION Question 3 Sunland Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of August. Aug. 1 Established the petty cash fund by writing a check payable to the petty cash custodian for $216.00. 15 Replenished the petty cash fund by writing a check for $183.00. On this date, the fund consisted of $33.00 in cash and these petty cash receipts: freight-out $66.40, entertainment expense $28.00, postage expense $25.70 and miscellaneous expense $60.20. 16 Increased the amount of the petty cash fund to $416.00 by writing a check for $200.00 31 Replenished the petty cash fund by writing a check for $291.00. On this date, the fund consisted of $125.00 in cash and these petty cash receipts: postage expense $138.00, entertainment expense $105.60, and freight-out $46.40. (0) Journalize the petty cash transactions. (Round answers to 2 decimal placese.g. 52.75. Credit account titles are automatically indented when amount entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Return to Blackboard Kimmel, Financial Accounting, 9e Help System Announcements CALCULATOR PRINTER VERSION BAC entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

\f