dy The following is information from the petty cash fund from Algoma Company. According to Algoma's...

 

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dy The following is information from the petty cash fund from Algoma Company. According to Algoma's ledger, the fund should have a balance of $300. Required: reconciled account and determined the amount needed to reimburse the petty cash fund and complete the appropriate Journal entry to accomplish this. $ 15.20 Coins and currency remaining in the Fund Postage Stamps $ 2.90 An IOU from the Boss $ 40.00 Voucher for Pizza during overtime. $ 34.00 Voucher for postage due on a shiprint $ 20.00 $ 170.00 Voucher for a Collect on Delivery shipment Purchase of Printer Cartridge at the Wal-Mart next door. 14.35 Note: Remember what is or is not cash & the reconciliation uses an entry. What is a Petty Cash Fund for? Comment Dr CR Sheet1 + dy The following is information from the petty cash fund from Algoma Company. According to Algoma's ledger, the fund should have a balance of $300. Required: reconciled account and determined the amount needed to reimburse the petty cash fund and complete the appropriate Journal entry to accomplish this. $ 15.20 Coins and currency remaining in the Fund Postage Stamps $ 2.90 An IOU from the Boss $ 40.00 Voucher for Pizza during overtime. $ 34.00 Voucher for postage due on a shiprint $ 20.00 $ 170.00 Voucher for a Collect on Delivery shipment Purchase of Printer Cartridge at the Wal-Mart next door. 14.35 Note: Remember what is or is not cash & the reconciliation uses an entry. What is a Petty Cash Fund for? Comment Dr CR Sheet1 +

Answer rating: 100% (QA)

Reconcilation Postage Stamps IOU Food expenses Postage Stamps Shipment charges Prining Stationery C... View the full answer