Question: There are 2 sequel questions E-8 + E-9 need to be answered. E 6-8 Petty Cash Fund Libby Company established a petty cash fund on

There are 2 sequel questions E-8 + E-9 need to be answered.

 There are 2 sequel questions E-8 + E-9 need to be

E 6-8 Petty Cash Fund Libby Company established a petty cash fund on January 2 by cashing a check for NT $3,500. During January, the following expenditures were paid out of the fund. The cashier handling the fund found that the amount left on January 31 was NT $350. The fund was replenished on January 31 . Prepare the journal entries for the above transactions. \begin{tabular}{ll} \hline E 6-9 & Petty Cash Fund \\ Refer to E 6-8. Prepare the journal entries for replenishing petty cash funds when the cashier found \\ that the amount left was NT\$345. \end{tabular}

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!

Q:

\f