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Kieso, Intermediate Accounting, 17e Help | System Announcements CALCULATOR PRINTER VERSION Exercise 7-23 The petty cash fund of Riverbed's Auto Repair Service, a sole proprietorship, contains the following. 1. Coins and currency $19.80 2. Postage stamps 7.50 An I.O.U. from Richie Cunningham, an employee, for cash advance Check payable to Riverbed's Auto Repair from Pottsie Weber, an employee, marked NSF Vouchers for the following: Stamps Two Rose Bowl tickets for Nick Riverbed 3. 44.60 4. 38.60 5. $ 24.60 177.00 Printer cartridge (Use the Office Supplies account) 18.95 220.55 $331.05 The general ledger account Petty Cash has a balance of $335. Prepare the journal entry to record the reimbursement of the petty cash fund. (Round answers to 2 decimal places, e.g. 15.25. If no entry is required, select No Entr the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit earch ements CAL URCES Printer cartridge (Use the Office Supplies account) 18.95 220.55 $331.05 The general ledger account Petty Cash has a balance of $335. rt Prepare the journal entry to record the reimbursement of the petty cash fund. (Round answers to 2 decimal places, e.g. 15.25. If no en the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do Account Titles and Explanation Debit Credit it rt Study SHOW LIST OF ACCOUNTS LINK TO TEXT Question Attempts: 0 of 5 esed here to search

Kieso, Intermediate Accounting, 17e Help | System Announcements CALCULATOR PRINTER VERSION Exercise 7-23 The petty cash fund of Riverbed's Auto Repair Service, a sole proprietorship, contains the following. 1. Coins and currency $19.80 2. Postage stamps 7.50 An I.O.U. from Richie Cunningham, an employee, for cash advance Check payable to Riverbed's Auto Repair from Pottsie Weber, an employee, marked NSF Vouchers for the following: Stamps Two Rose Bowl tickets for Nick Riverbed 3. 44.60 4. 38.60 5. $ 24.60 177.00 Printer cartridge (Use the Office Supplies account) 18.95 220.55 $331.05 The general ledger account Petty Cash has a balance of $335. Prepare the journal entry to record the reimbursement of the petty cash fund. (Round answers to 2 decimal places, e.g. 15.25. If no entry is required, select No Entr the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit earch ements CAL URCES Printer cartridge (Use the Office Supplies account) 18.95 220.55 $331.05 The general ledger account Petty Cash has a balance of $335. rt Prepare the journal entry to record the reimbursement of the petty cash fund. (Round answers to 2 decimal places, e.g. 15.25. If no en the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do Account Titles and Explanation Debit Credit it rt Study SHOW LIST OF ACCOUNTS LINK TO TEXT Question Attempts: 0 of 5 esed here to search

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Kieso, Intermediate Accounting, 17e Help | System Announcements CALCULATOR PRINTER VERSION Exercise 7-23 The petty cash fund of Riverbed's Auto Repair Service, a sole proprietorship, contains the following. 1. Coins and currency $19.80 2. Postage stamps 7.50 An I.O.U. from Richie Cunningham, an employee, for cash advance Check payable to Riverbed's Auto Repair from Pottsie Weber, an employee, marked NSF Vouchers for the following: Stamps Two Rose Bowl tickets for Nick Riverbed 3. 44.60 4. 38.60 5. $ 24.60 177.00 Printer cartridge (Use the Office Supplies account) 18.95 220.55 $331.05 The general ledger account Petty Cash has a balance of $335. Prepare the journal entry to record the reimbursement of the petty cash fund. (Round answers to 2 decimal places, e.g. 15.25. If no entry is required, select No Entr the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit earch
Transcribed Image Text:Kieso, Intermediate Accounting, 17e Help | System Announcements CALCULATOR PRINTER VERSION Exercise 7-23 The petty cash fund of Riverbed's Auto Repair Service, a sole proprietorship, contains the following. 1. Coins and currency $19.80 2. Postage stamps 7.50 An I.O.U. from Richie Cunningham, an employee, for cash advance Check payable to Riverbed's Auto Repair from Pottsie Weber, an employee, marked NSF Vouchers for the following: Stamps Two Rose Bowl tickets for Nick Riverbed 3. 44.60 4. 38.60 5. $ 24.60 177.00 Printer cartridge (Use the Office Supplies account) 18.95 220.55 $331.05 The general ledger account Petty Cash has a balance of $335. Prepare the journal entry to record the reimbursement of the petty cash fund. (Round answers to 2 decimal places, e.g. 15.25. If no entry is required, select No Entr the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit earch
ements CAL URCES Printer cartridge (Use the Office Supplies account) 18.95 220.55 $331.05 The general ledger account Petty Cash has a balance of $335. rt Prepare the journal entry to record the reimbursement of the petty cash fund. (Round answers to 2 decimal places, e.g. 15.25. If no en the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do Account Titles and Explanation Debit Credit it rt Study SHOW LIST OF ACCOUNTS LINK TO TEXT Question Attempts: 0 of 5 esed here to search
Transcribed Image Text:ements CAL URCES Printer cartridge (Use the Office Supplies account) 18.95 220.55 $331.05 The general ledger account Petty Cash has a balance of $335. rt Prepare the journal entry to record the reimbursement of the petty cash fund. (Round answers to 2 decimal places, e.g. 15.25. If no en the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do Account Titles and Explanation Debit Credit it rt Study SHOW LIST OF ACCOUNTS LINK TO TEXT Question Attempts: 0 of 5 esed here to search
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