Question: please help + 0288&page=23 PART B - Question 2 (10 marks) The Crown Company established a $1,000 petty cash fund by issuing a cheque to
please help

+ 0288&page=23 PART B - Question 2 (10 marks) The Crown Company established a $1,000 petty cash fund by issuing a cheque to the custodian on October 1. On October 15, the petty cash fund was replenished and increased to $1,500. The contents of the petty cash fund prior to the October 15 replenishment were: Currency and coins $ 112 Petty cash receipts for: Transportation-in $137 Delivery expense 240 Repairs to office equipment 153 Postage 230 Entertainment of customers 130 890 Total $1,002 Prepare the general journal entry to record the reimbursement and increasing of the fund on October 15 Use the following format for the General Journal: Date Account Title and Explanation_ Debit Credit Paragraph B e w
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
