The petty cash fund of $200 for George Company appeared as follows on December 31, 2020:...
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The petty cash fund of $200 for George Company appeared as follows on December 31, 2020: Cash $59.40 Petty cash vouchers Freight-in Postage Balloons for a special occasion Prepare the general journal entry to replenish the fund. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Enter answers to 2 decimal places, e.g. 25.20.) Account Titles and Explanation Debit Credit SHOW LIST OF ACCOUNTS $27.60 40.00 68.00 LINK TO TEXT On December 31, the office manager gives instructions to increase the petty cash fund by $50. Make the appropriate journal entry. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit The petty cash fund of $200 for George Company appeared as follows on December 31, 2020: Cash $59.40 Petty cash vouchers Freight-in Postage Balloons for a special occasion Prepare the general journal entry to replenish the fund. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Enter answers to 2 decimal places, e.g. 25.20.) Account Titles and Explanation Debit Credit SHOW LIST OF ACCOUNTS $27.60 40.00 68.00 LINK TO TEXT On December 31, the office manager gives instructions to increase the petty cash fund by $50. Make the appropriate journal entry. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit
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Solution 1 Companies replenish the petty cash fund at the end of the ac... View the full answer
Related Book For
Fundamental financial accounting concepts
ISBN: 978-0078025365
8th edition
Authors: Thomas P. Edmonds, Frances M. Mcnair, Philip R. Olds, Edward
Posted Date:
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