Question: Hesystements CALCULATOR PRINT VERSION BACK Problema a b (Part Level Submission) Cheyenne Corp, maintains a petty cash fund for small expenditures. These transactions occurred during

 Hesystements CALCULATOR PRINT VERSION BACK Problema a b (Part Level Submission)

Hesystements CALCULATOR PRINT VERSION BACK Problema a b (Part Level Submission) Cheyenne Corp, maintains a petty cash fund for small expenditures. These transactions occurred during the month of August A Established the petty cash fund by writing a check payable to the petty cash custodian for $225.00 15 Replenished the petty cash fund by writing a check for $221.60. On this date, the fund consisted of $3 in cash and these petty cash receipts freight-out $74.20, entertainment pense $36.30, postage expense $33.20, and miscellaneous expense 576,40 16 Increased the amount of the petty cash fund to $500.00 by writing a check for $275.00 31 Replenished the petty cash fund by writing a check for $383.00. On this date, the fund consisted of $117 in cash and these petty cash receipts: postage expense $139.00, entertaiment expense $92.00, and freight-out $151.00. Journalize the petty cash transactions (or account titles are automatically indented when amount is entered. Do not indesit manually. Mecard journal entries in the order presented in the problem. Round answers to 2 decimal places, 52.75.) Date Act Titles and Explanation Debit Credit earch O II 12:19 PM 10/7/2020

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!