Question: On April 1, Java Brewers created a petty cash fund starting with $100. On April 30, there was only $5 remaining in the petty cash

On April 1, Java Brewers created a petty cash fund starting with $100. On April 30, there was only $5 remaining in the petty cash box. The custodian of the fund presented vouchers to the company accountant for Supplies of $55 and Delivery Expenses of $40. The journal entry on April 30, to replenish the fund, would be:

Option A

Option C

Option D

Option B

On April 1, Java Brewers created a petty cash fund starting with

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!

Herently on the second attempt. You can view the correct answers after the due date/time Question 1 1 pts A business wrote a check to PUD to pay for its monthly electric bill but the check doesn't...

On April 1, Java Brewers created a petty cash fund starting with $100. On April 30, there was only $5 remaining in the petty cash box. The custodian of the fund presented the following vouchers to...

Please help me Chapter? 82 Cash and Cash Fact pattern: Exhibit 1: Tomay Co. established a petty cash fund of P40,000. Fund disbursements during the period were P8,025 for office supplies, ABC Co....

1) Zardoz Inc. established a $200 petty cash fund on March 1. 2) On March 31, the petty cash box contained the following: Ofce Supply receipts .............. $51.60 Freight receipts (Mdselnv) ........

1) Zardoz Inc. established a $200 petty cash fund on March 1 . 2) On March 31 , the petty cash box contained the following: Office Supply receipts.............. $51.60 Freight receipts...

1) Zardoz Inc. established a $200 petty cash fund on March 1. 2) On March 31, the petty cash box contained the following: Office Supply receipts......... $51.60 Freight receipts (Mdse.Inv)..... 49.50...

1) Zardoz Inc. established a $200 petty cash fund on March 1. 2) On March 31, the petty cash box contained the following: Office Supply receipts $ 51.60 Freight receipts (Mdse.Inv)..... 49.50 Store...

I need help with this work. (SHOW ALL MATH/COMPUTATIONS WHEREVER APPROPRIATE_ PARTI (12 points) The financial records of Red Inc. reveal the following for the current year: - Total sales were...

I've attached the assignment as a word file, thanks! JWCL165_c07_304-355.qxd 7/31/09 2:05 PM Page 304 7 Fraud, Internal Control, and Cash Chapter STUDY OBJECTIVES After studying this chapter, you...

I have attached both the chapters from which you will be answering the following question. Ch 8 (p 387 of text or p 35 of the pdf) ?Exercise D. Prepare the bank reconciliation and any required...

Determine the values of KM and Vmax for the de-carboxylation of a -keto acid given the following data. Substrate Concentration (mol L1) Velocity (mM min-1) 2.500.................. 0.588...

Calculate the total area between the two functions from x = 0 to x = 1 2 . Round your answer to 2 decimal places.

As a result of the COVID-19 Pandemic, Marcia Eagleton, age 49, has had a difficult year so far, but she has received income from several sources. She would like to know how each of these items will...

(1)You test your shoe size in a Brannock device (that metal thing that tests your shoe size). It tells you that your shoe size is 10. You test it again one hour later, and once again, your shoe size...

Pea Nuts Inc, a Canadian-controlled private corporation, has a December 31 year-end and operates only in Canada. You are Chuck Brown, the Chief Financial Officer. In 2017, the corporation paid...

Tori and some other childeen experimented with balls to see which ones rolled. First using a piece of cardboard to use as a ramp, they angled it on a block to the floor to test the balls. Then Tori...

Where do organizational missions originate? How do you explain the evolution of organizational missions as the organization grows and matures? If mission statements are relatively enduring, how often...

What are the important elements of an effective board process? Why do you think board process is more important than board composition and size?

Many organizations engaged in vertical and horizontal integration in the 1980s and 1990s. At the beginning of the new century the pace of integration slowed. Why have vertical and horizontal...