Florence's Florals, a retail business, started a $300 petty cash fund on June 1. Below are...
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Florence's Florals, a retail business, started a $300 petty cash fund on June 1. Below are descriptions of the transactions to establish the petty cash fund, disburse petty cash during June, and replenish the petty cash fund on June 30. DATE TRANSACTIONS June 1 Issued Check 550 for $300 to establish a petty cash fund. Paid $38 from the petty cash fund for office supplies, Petty Cash Voucher 1. Paid $39 from the petty cash fund for postage stamps, Petty Cash Voucher 2. 15 Paid $26 from the petty cash fund for delivery service, Petty Cash Voucher 3. 22 Paid $48 from the petty cash fund to the owner, Rosa Calderon, for her personal use, Petty Cash Voucher 4. 25 Paid $38 from the petty cash fund to have the store windows washed, Petty Cash Voucher 5. 29 Paid $55 from the petty cash fund for delivery service, Petty Cash Voucher 6. 3e Issued Check 590 for $244 to replenish the petty cash fund. Required: 1. Record the transaction to establish the petty cash fund on June 1 in a general journal, 2. Record all transactions on a petty cash analysis sheet. 3. Record the transaction to replenish the petty cash fund on June 30 in the general journal. Annlvze: < Prev 3 of 5 Next > Stock-873507500pg Analyze: What were the total payments from the petty cash fund in June? Complete this question by entering your answers in the tabs below. Petty Cash Analysis June 01 Entry June 30 Entry Analyze Record the transaction to establish the petty cash fund on June 1 in a general journal. View transaction list Journal entry worksheet 1. Issued Check 550 for $300 to establish a petty cash fund. B.. < Prev 3 of 5 Next > Stock-873507500.jpg Journal entry worksheet Issued Check 550 for $300 to establish a petty cash fund. Note: Enter debits before credits. Date General Journal Debit Credit Jun 01, 2019 Record entry Clear entry View general journat Prev 3 of 5 Next > iStock-873507500jpg Analyze: What were the total payments from the petty cash fund in June? Complete this question by entering your answers in the tabs below. Petty Cash Analysis June 01 Entry June 30 Entry Analyze Record all transactions on a petty cash analysis sheet. (Input all amounts as positive values.) PETTY CASH ANALY SIS SHEET Distribution Of Payments Voucher No. Receipts Payments Supplies Debit Date Description Delivery Misc. Other Accounts Debit Expense Expense Debit Debit Account Title Amount Jun 01, 2019 Establish fund Office supplies Jun 05, 2019 Jun 08. 2019 1. 2. Postage stamos < Prev 3 of 5 Next > Stock-873507500jpg PETIY CASH ANALYSIS SHET 11esribution O yments Moucher No. Date Receipts Payments Supplies Debit Description Delivery Misc Other Accounts Debit Expenise Expense Debit Debit Account Thle Amont Jun 01, 2019 Establish fund Jun 05, 2019 Office supplies Postage stamps Delivery service Jun 08, 2019 2 Jun 15, 2019 3. Jun 22, 2019 4. Personal withdrawal Jun 25, 2019 Store windows washed Jun 29, 2019 6 Delivery service Jun 30, 2019 Totals Jun 30, 2019 Balance on hand Balance on hand Jun 30, 2019 Jun 30, 2019 Replenish fund < Prev 3 of 5 Next > IStock-873507500.jpg Jun 30, 2019 Balance on hand Jun 30, 2019 Replenish fund Jun 30, 2019 Carried forward < June 01 Entry June 30 Entry > < Prev 3 of 5 Next > iStock-873507500.jpg Issued Check 590 for $244 to replenish the petty cash fund. Note: Enter debits before credits. Date General Journal Debit Credit Jun 30, 2019 Record entry Clear entry View general journal Prev 3 of 5 Next > Analyze: What were the total payments from the petty cash fund in June? Complete this question by entering your answers in the tabs below. Petty Cash Analysis June 01 Entry June 30 Entry Analyze What were the total payments from the petty cash fund in June? Total payments < June 30 Entry Analyze < Prev 3 of 5 Next> Florence's Florals, a retail business, started a $300 petty cash fund on June 1. Below are descriptions of the transactions to establish the petty cash fund, disburse petty cash during June, and replenish the petty cash fund on June 30. DATE TRANSACTIONS June 1 Issued Check 550 for $300 to establish a petty cash fund. Paid $38 from the petty cash fund for office supplies, Petty Cash Voucher 1. Paid $39 from the petty cash fund for postage stamps, Petty Cash Voucher 2. 15 Paid $26 from the petty cash fund for delivery service, Petty Cash Voucher 3. 22 Paid $48 from the petty cash fund to the owner, Rosa Calderon, for her personal use, Petty Cash Voucher 4. 25 Paid $38 from the petty cash fund to have the store windows washed, Petty Cash Voucher 5. 29 Paid $55 from the petty cash fund for delivery service, Petty Cash Voucher 6. 3e Issued Check 590 for $244 to replenish the petty cash fund. Required: 1. Record the transaction to establish the petty cash fund on June 1 in a general journal, 2. Record all transactions on a petty cash analysis sheet. 3. Record the transaction to replenish the petty cash fund on June 30 in the general journal. Annlvze: < Prev 3 of 5 Next > Stock-873507500pg Analyze: What were the total payments from the petty cash fund in June? Complete this question by entering your answers in the tabs below. Petty Cash Analysis June 01 Entry June 30 Entry Analyze Record the transaction to establish the petty cash fund on June 1 in a general journal. View transaction list Journal entry worksheet 1. Issued Check 550 for $300 to establish a petty cash fund. B.. < Prev 3 of 5 Next > Stock-873507500.jpg Journal entry worksheet Issued Check 550 for $300 to establish a petty cash fund. Note: Enter debits before credits. Date General Journal Debit Credit Jun 01, 2019 Record entry Clear entry View general journat Prev 3 of 5 Next > iStock-873507500jpg Analyze: What were the total payments from the petty cash fund in June? Complete this question by entering your answers in the tabs below. Petty Cash Analysis June 01 Entry June 30 Entry Analyze Record all transactions on a petty cash analysis sheet. (Input all amounts as positive values.) PETTY CASH ANALY SIS SHEET Distribution Of Payments Voucher No. Receipts Payments Supplies Debit Date Description Delivery Misc. Other Accounts Debit Expense Expense Debit Debit Account Title Amount Jun 01, 2019 Establish fund Office supplies Jun 05, 2019 Jun 08. 2019 1. 2. Postage stamos < Prev 3 of 5 Next > Stock-873507500jpg PETIY CASH ANALYSIS SHET 11esribution O yments Moucher No. Date Receipts Payments Supplies Debit Description Delivery Misc Other Accounts Debit Expenise Expense Debit Debit Account Thle Amont Jun 01, 2019 Establish fund Jun 05, 2019 Office supplies Postage stamps Delivery service Jun 08, 2019 2 Jun 15, 2019 3. Jun 22, 2019 4. Personal withdrawal Jun 25, 2019 Store windows washed Jun 29, 2019 6 Delivery service Jun 30, 2019 Totals Jun 30, 2019 Balance on hand Balance on hand Jun 30, 2019 Jun 30, 2019 Replenish fund < Prev 3 of 5 Next > IStock-873507500.jpg Jun 30, 2019 Balance on hand Jun 30, 2019 Replenish fund Jun 30, 2019 Carried forward < June 01 Entry June 30 Entry > < Prev 3 of 5 Next > iStock-873507500.jpg Issued Check 590 for $244 to replenish the petty cash fund. Note: Enter debits before credits. Date General Journal Debit Credit Jun 30, 2019 Record entry Clear entry View general journal Prev 3 of 5 Next > Analyze: What were the total payments from the petty cash fund in June? Complete this question by entering your answers in the tabs below. Petty Cash Analysis June 01 Entry June 30 Entry Analyze What were the total payments from the petty cash fund in June? Total payments < June 30 Entry Analyze < Prev 3 of 5 Next>
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1 Florence Florals General Journal entry on 1st June June 01 General Journal Date Details Folio D... View the full answer
Related Book For
Accounting Principles
ISBN: 978-0470533475
9th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
Posted Date:
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