Question: Current Attempt in Progress Metlock Airline needs to send out one of its employees to Nunavut for three weeks to perform some repairs on some



Current Attempt in Progress Metlock Airline needs to send out one of its employees to Nunavut for three weeks to perform some repairs on some aircraft it owns. Some of the payments to be made for the supplies needed on the assignment will be paid from a petty cash fund. Metlock issued a cheque in the amount of $800.00 to establish the fund. After a few days at the assignment, the employee returned the following receipts along with a report that the fund had $68.50 left in cash. Metlock decided to increase the petty cash fund to $1,000.00 Receipt Amount 1 $26.45 2 44.10 3 36.80 4 73.65 Description Taxi ride from airport to job site FedEx charges for delivering plane parts Long distance telephone charges Supplies Air freight to ship parts out for overhaul Supplies Tarp to protect engine from elements Grease and oil supplies 5 348.60 6 91.00 7 44.45 8 59.00 Prepare the journal entry to establish the petty cash fund. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Prepare the journal entry to establish the petty cash fund. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter 0 for the amounts.) Account Titles and Explanation Debit Credit List of Accounts Prepare the journal entry to replenish the fund. (Credit account titles are automatically indented when the amount is entored. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Round answers to 2 decimal places, e.g. 52.75.) Account Titles and Explanation Debit Credit tero. Donor dent marcany. I no entry is required, serer"No Entry for the account title anconter o for the amounts. Round answers to 2 decimal places, e.g. 52.75.) Account Titles and Explanation Debit Credit List of Accounts Prepare the journal entry to increase the fund to $1,000.00. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account tities and enter 0 for the amounts.) MADERA List of Accounts Prepare the journal entry to increase the fund to $1,000.00. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and entero for the amounts.) Account Titles and Explanation Debit Credit List of Accounts Sve torte Attempts: 0 of 5 used Submit Answer MacBook Air
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