The petty cash fund of Bonita's Auto Repair Service, a sole proprietorship, contains the following. Coins...
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The petty cash fund of Bonita's Auto Repair Service, a sole proprietorship, contains the following. Coins and currency $20.20 1. 2. Postage stamps 7.90 3. An L.O.U. from Richie Cunningham, an employee, for cash advance 45.00 4. Check payable to Bonita's Auto Repair from Pottsie Weber, an employee, marked NSF 39.00 5. Vouchers for the following: Stamps $ 25.00 Two Rose Bowl tickets for Nick Bonita 172.00 Printer cartridge (Use the Office Supplies account) 19.35 216.35 $328.45 The general ledger account Petty Cash has a balance of $333. Prepare the journal entry to record the reimbursement of the petty cash fund. (Round answers to 2 decimal places, eg. 15.25. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. 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 Bonita's Auto Repair Service, a sole proprietorship, contains the following. Coins and currency $20.20 1. 2. Postage stamps 7.90 3. An L.O.U. from Richie Cunningham, an employee, for cash advance 45.00 4. Check payable to Bonita's Auto Repair from Pottsie Weber, an employee, marked NSF 39.00 5. Vouchers for the following: Stamps $ 25.00 Two Rose Bowl tickets for Nick Bonita 172.00 Printer cartridge (Use the Office Supplies account) 19.35 216.35 $328.45 The general ledger account Petty Cash has a balance of $333. Prepare the journal entry to record the reimbursement of the petty cash fund. (Round answers to 2 decimal places, eg. 15.25. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. 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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Account Tittle Explanation Debit Credit Account Receivable Employee 84 4539 ... View the full answer
Related Book For
Intermediate Accounting principles and analysis
ISBN: 978-0471737933
2nd Edition
Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso
Posted Date:
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