Beginning January 2022, small expenditures. The following transactions took place during the month: MA Enterprise has established a petty cash fund for its Date Transactions 2 Jan. Established a RM300 petty cash fund with cash withdrawn from the company's current account. 31 Jan. The petty cash fund has RM12 remaining and is replenished. Expenditures during the month were RM80 for freight-in, RM65 (meals), RM40 (postage), RM75 (amenities) and RM25 (parking).

Beginning January 2022, small expenditures. The following transactions took place during the month: MA Enterprise has established a petty cash fund for its Date Transactions 2 Jan. Established a RM300 petty cash fund with cash withdrawn from the company's current account. 31 Jan. The petty cash fund has RM12 remaining and is replenished. Expenditures during the month were RM80 for freight-in, RM65 (meals), RM40 (postage), RM75 (amenities) and RM25 (parking).

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter6: Bank Accounts, Cash Funds, And Internal Controls

Section: Chapter Questions

Problem 7E

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