Harristown Hockey Club (HHC) maintains a petty cash fund for minor club expenditures. The petty cash...

 

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Harristown Hockey Club (HHC) maintains a petty cash fund for minor club expenditures. The petty cash custodian, Wayne Crosby, describes the events that occurred during the last two months: a. I established the fund by cashing a check from HHC for $310 made payable to me. b. Tom Canuck provided a $90 receipt for repairs to the club's computer, so I paid $90 cash to him. c. Kim Harra provided a receipt for $70 for various supplies she planned to use to decorate the arena later this year. I paid $70 cash to her. d. Trainer Jim bought some equipment that the club Intends to use for the next few years. He gave me the receipt and I paid him $100. e. On the last day of the month, I prepared a summary of expenditures and requested the fund be replenished. I received and cashed a check from HHC for $260, placing the cash into a locked cash box. f. Wendy Wignes provided receipts for supplies purchased for the club's office for use next month. I paid $145 cash to her. g. Destiny Hook provided a phone bill showing she had paid $50 for telephone calls made to contact referees for the annual tournament. I paid her $50 cash. h. Gutty McTavish submitted a receipt for $55 for a haircut he received. I did not pay him. 1. On the last day of the month, I received and cashed a check from HHC for $195, placing the cash into the locked cash box. 2. If HHC has $2,000 cash, $500 of government Treasury bills purchased four months ago. $950 of cash set aside for its workers' compensation Insurance, how much will the company report on the balance sheet as "Cash and Cash Equivalents"? Cash and Cash Equivalents $ Harristown Hockey Club (HHC) maintains a petty cash fund for minor club expenditures. The petty cash custodian, Wayne Crosby, describes the events that occurred during the last two months: a. I established the fund by cashing a check from HHC for $310 made payable to me. b. Tom Canuck provided a $90 receipt for repairs to the club's computer, so I paid $90 cash to him. c. Kim Harra provided a receipt for $70 for various supplies she planned to use to decorate the arena later this year. I paid $70 cash to her. d. Trainer Jim bought some equipment that the club Intends to use for the next few years. He gave me the receipt and I paid him $100. e. On the last day of the month, I prepared a summary of expenditures and requested the fund be replenished. I received and cashed a check from HHC for $260, placing the cash into a locked cash box. f. Wendy Wignes provided receipts for supplies purchased for the club's office for use next month. I paid $145 cash to her. g. Destiny Hook provided a phone bill showing she had paid $50 for telephone calls made to contact referees for the annual tournament. I paid her $50 cash. h. Gutty McTavish submitted a receipt for $55 for a haircut he received. I did not pay him. 1. On the last day of the month, I received and cashed a check from HHC for $195, placing the cash into the locked cash box. 2. If HHC has $2,000 cash, $500 of government Treasury bills purchased four months ago. $950 of cash set aside for its workers' compensation Insurance, how much will the company report on the balance sheet as "Cash and Cash Equivalents"? Cash and Cash Equivalents $