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Accounting

Q1) Petty cash fund was originally established with check for $150. In the petty cash fund on December 31 (the period-end), you determine the following:

Petty cash receipts:	Postage.............................................	$44.5
	Office supplies.....................................	50.85
	Office equipment repair.........................	48
	Cash..................................................	4.25

Create general journal entry to record replenishment of petty cash fund on December 31. Be sure you put complete account description. If I have to guess what kind of account you put down, it will be marked incorrect.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M921838

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