What are the adjusting entries and the ending balances? The count of petty cash fund of the

What are the adjusting entries and the ending balances?

 

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The count of petty cash fund of the Jester's Best at 8:00 AM on January 5, 2011 revealed the following: a. Currency and Coins b. Employees' checks encashed from the fund on Dec. 29, 2010: dated Dec. 29, 2010 P500 P500 dated jan. 2, 2011 c. Petty Cash Vouchers for transportation expense dated Dec. 20, 2010 P1,000 dated Jan.4, 2011 1,000 d. Contributions from employees for the fire victims (money found inside the envelope) e. Advance for travel expenses of two salesmen given on Dec. 28, 2010 Total P8,000 1,000 2,000 2,000 2,000 P15,000 Audit Notes: 1. Both checks were verified to have been encashed with the bank by the Petty Cash Custodian on January 6, 2011. 2. Petty Cash Fund of P15,000 is part of the Cash account in the general ledger at the year end. The count of petty cash fund of the Jester's Best at 8:00 AM on January 5, 2011 revealed the following: a. Currency and Coins b. Employees' checks encashed from the fund on Dec. 29, 2010: dated Dec. 29, 2010 P500 P500 dated jan. 2, 2011 c. Petty Cash Vouchers for transportation expense dated Dec. 20, 2010 P1,000 dated Jan.4, 2011 1,000 d. Contributions from employees for the fire victims (money found inside the envelope) e. Advance for travel expenses of two salesmen given on Dec. 28, 2010 Total P8,000 1,000 2,000 2,000 2,000 P15,000 Audit Notes: 1. Both checks were verified to have been encashed with the bank by the Petty Cash Custodian on January 6, 2011. 2. Petty Cash Fund of P15,000 is part of the Cash account in the general ledger at the year end.