Petty cash fund entries Journalize the entries to record the following: a. Check No. 12-375 is issued to establish a petty cash fund of $500.b. The amount of cash in the petty cash fund is now $40. Check No. 12-476 is issued to replenish the fund, based on the following summary of petty cash receipts: office supplies, $212; miscellaneous selling expense, $156; miscellaneous administrative expense, $61. (Because the amount of the check to replenish the fund plus the balance in the fund do not equal $500, record the discrepancy in the cash short and over account.)

Prepare journal entries for each of the following: Question Content Area a.  Issued a check to establish a petty cash fund of $550. If an amount box does not require an entry, leave it blank. blank   - Select - - Select -     - Select - - Select -   Question Content Area b.  The amount of cash in the petty cash fund is $180. Issued a check to replenish the fund, based on the following summary of petty cash receipts: store supplies, $215 and miscellaneous selling expense, $137. Record any missing funds in the cash short and over account. If an amount box does not require an entry, leave it blank.

4. On May 2 Kellie Company has decided to initiate a petty cash fund in the amount of $1,500. Prepare journal entries for the following transactions: A. On July 5, the petty cash fund needed replenishment, and the following are the receipts: Auto Expense $125, Supplies $368, Postage Expense $325, Repairs and Maintenance Expense $99, Miscellaneous Expense $259. The cash on hand at this time was $14. B. On June 30, the petty cash fund needed replenishment as it was month-end. The following are the receipts: Auto Expense $114, Supplies $75, Postage Expense $50, Repairs and Maintenance Expense $121, Miscellaneous Expense $39. The cash on hand at this time

3) ABC Company starts a petty cash fund with $200 and then they spent $50 on office supplies. A) Prepare the journal entry to record the creation of the petty cash fund B) Prepare the journal entry to record the expense C) Prepare the journal entry to replenish the Petty Cash back to $200

Journalize the entries to record the following (refer to the Chart of Accounts for exact wording of account titles): a. On July 1, check No. 12-375 issued to establish a petty cash fund of $1,080. b. The amount of cash in the petty cash fund which is now $125. Check No. 12-476 is issued to replenish the fund, based on the following summary of petty cash receipts: office supplies, $589; miscellaneous selling expense, $190; miscellaneous administrative expense, $150. (Because the amount of the check to replenish the fund plus the balance in the fund do not equal $1,080, record the discrepancy in the cash short and over account.)

Check No. 12-375 is issued to establish a petty cash fund of $600. The amount of cash in the petty cash fund is now $216. Check No. 12-476 is issued to replenish the fund, based on the following summary of petty cash receipts: office supplies, $223; miscellaneous selling expense, $92; miscellaneous administrative expense, $58. (Because the amount of the check to replenish the fund plus the balance in the fund do not equal $500, record the discrepancy in the cash short and over account.) Question Content Area a.  Journalize the entry to establish the petty cash fund. If an amount box does not require an entry, leave it blank. blank Account Debit Credit blank                 Question Content Area b.  Journalize the entry to replenish the petty cash fund. For a compound transaction, if an amount box does not require an entry, leave it blank. blank Account Debit Credit blank

A $250 petty cash fund has cash of $15 and receipts of $230. The journal entry to replenish the account would include a credit to

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ABC company paid cash to replenish the petty cash fund: $145; $72 for supplies; $40 for advertising expense; $33 for micellaneous expense. The account credited for this transaction is:

Palmona Company establishes a $180 petty cash fund on January 1. On January 8, the fund shows $85 in cash along with receipts for the following expenditures: postage, $41; transportation - in, $11; delivery expenses, $13; and miscellaneous expenses, $30. Palmona uses the perpetual system in accounting for merchandise inventory. Prepare the entry to establish the fund on January 1. Prepare the entry to reimburse the fund on January 8 under two separate situations: To reimburse the fund. To reimburse the fund and increase it to $230. Hint: Make two entries