ONLY ANSWER IF YOU DO ALL PLEASEE

Journalize the entries to record the following (refer to the Chart of Accounts for exact wording of account titles):

Instructions

A.

On March 1, Check is issued to establish a petty cash fund of $1,125.

B.

On April 1, the amount of cash in the petty cash fund is now $130. Check is issued to replenish the fund, based on the following summary of petty cash receipts: office supplies, $646; miscellaneous selling expense, $184; miscellaneous administrative expense, $149. (Because the amount of the check to replenish the fund plus the balance in the fund do not equal $1,125, record the discrepancy in the cash short and over account.)

General Ledger

	ASSETS
110	Cash
111	Petty Cash
120	Accounts Receivable
131	Notes Receivable
132	Interest Receivable
141	Merchandise Inventory
145	Office Supplies
146	Store Supplies
151	Prepaid Insurance
181	Land
191	Office Equipment
192	Accumulated Depreciation-Office Equipment
193	Store Equipment
194	Accumulated Depreciation-Store Equipment

	LIABILITIES
210	Accounts Payable
221	Notes Payable
222	Interest Payable
231	Salaries Payable
241	Sales Tax Payable

	EQUITY
310	Owner, Capital
311	Owner, Drawing
312	Income Summary

	REVENUE
410	Sales
610	Interest Revenue

EXPENSES

510

Cost of Merchandise Sold

515

Credit Card Expense

516

Cash Short and Over

520

Salaries Expense

531

Advertising Expense

532

Delivery Expense

533

Insurance Expense

534

Office Supplies Expense

535

Rent Expense

536

Repairs Expense

537

Selling Expenses

538

Store Supplies Expense

561

Depreciation Expense-Office Equipment

562

Depreciation Expense-Store Equipment

591

Miscellaneous Administrative Expense

592

Miscellaneous Selling Expense

710

A. On March 1, journalize the following transaction: Check is issued to establish a petty cash fund of $1,125. Refer to the Chart of Accounts for exact wording of account titles.

PAGE 1

JOURNAL

ACCOUNTING EQUATION

	DATE	DESCRIPTION	POST. REF.	DEBIT	CREDIT	ASSETS	LIABILITIES	EQUITY
1
2

B. On April 1, the amount of cash in the petty cash fund is now $130. Check is issued to replenish the fund, based on the following summary of petty cash receipts: office supplies, $646; miscellaneous selling expense, $184; miscellaneous administrative expense, $149. (Because the amount of the check to replenish the fund plus the balance in the fund do not equal $1,125, record the discrepancy in the cash short and over account.) Refer to the Chart of Accounts for exact wording of account titles.

PAGE 1

JOURNAL

ACCOUNTING EQUATION

	DATE	DESCRIPTION	POST. REF.	DEBIT	CREDIT	ASSETS	LIABILITIES	EQUITY
1
2
3
4
5

Interest Expense