Question: please answer now On September 1, a company established a petty cash fund of $100. On September 10, the petty cash fund was replenished when

please answer now

please answer now On September 1, a company established a petty cashfund of $100. On September 10, the petty cash fund was replenished

On September 1, a company established a petty cash fund of $100. On September 10, the petty cash fund was replenished when there was $16 remaining and there were petty cash receipts for supplies, $27, and postage, $54. On September 15, the petty cash fund was increased to $125. Required Prepare the journal entries, if any, required on September 1, September 10, and September 15. (lf no entry is required for a transaction/event, select "No journal entry required" in the first account field.) view transaction list view general journal Journal Entry Worksheet Record replenishment of petty cash fund. Date General Journal Debit Credit Sept. 10 Supplies 27 No Journal Entry Required Accounts Receivable Bad Debt Expense Cash Cash Shortage *Enter debits before credits Office Expenses don Petty Cash record entry Supplies Utilities Expense

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!