E8.8 (LO 2), AP Horvath Company uses an imprest petty cash system. The fund was established on March 1 with a balance of $100. During March, the following petty cash receipts were found in the petty cash box. Date Receipt No. For Amount 3/5 Stamps $39 1 Freight-Out Miscellaneous Expense Travel Expense 7 21 9. 6 11 4 24 14 Miscellaneous Expense The fund was replenished on March 15 when the fund contained $2 in cash. On March 20, the amount in the fund was increased to $175.
E8.8 (LO 2), AP Horvath Company uses an imprest petty cash system. The fund was established on March 1 with a balance of $100. During March, the following petty cash receipts were found in the petty cash box. Date Receipt No. For Amount 3/5 Stamps $39 1 Freight-Out Miscellaneous Expense Travel Expense 7 21 9. 6 11 4 24 14 Miscellaneous Expense The fund was replenished on March 15 when the fund contained $2 in cash. On March 20, the amount in the fund was increased to $175.
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 4EA: Record the following transactions: A. Started a petty cash fund in the amount of $500. B....
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