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Use the following worksheet to complete this assignment: .Worksheet: Petty Cash Amounts to Control Cash

Question #1: Using the attached journal, make the correct entries for the following purchases:

1.January 10: Purchased additional nails and screws for office remodel, $22.50

2.January 11: Purchased postage for machine $56.00

3.January 15: Purchased gas for van and delivery truck $110.00

4.January 17: Purchased lunch for Friday meeting with staff $42.00

5.January 20: Purchased new electric drill for office remodel $65.00

6.January 22: Purchased postage for machine $45.00

7.January 25: Purchased gas for delivery truck $55.00

8.January 28: Purchased breakfast items for morning conference $42.00

9.January 29: Purchased gas for van $30.00

10.January 30: Purchased postage for machine $48.00

Question #2: Now create the journal entry to replenish Petty Cash.

Attachment:- ACC.xls

Accounting Basics, Accounting

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