Quibble Company established a $300 petty cash fund by issuing a check to the custodian on February 1. On February 15, the petty cash fund was replenished and increased to $800 in total. The contents of the petty cash fund at t Currency and Coins: Receipts for: E $12 Cleaning 39 Delivery Expense 88 Repairs 64 53 291 Postage Entertainment Prepare Quibble's general journal entries to record the reimbursement and the increase of the petty fund on February 15.
Quibble Company established a $300 petty cash fund by issuing a check to the custodian on February 1. On February 15, the petty cash fund was replenished and increased to $800 in total. The contents of the petty cash fund at t Currency and Coins: Receipts for: E $12 Cleaning 39 Delivery Expense 88 Repairs 64 53 291 Postage Entertainment Prepare Quibble's general journal entries to record the reimbursement and the increase of the petty fund on February 15.
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter6: Cash And Receivables
Section: Chapter Questions
Problem 20E
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