Started a petty cash fund in the amount of $250. B. Replenished petty cash fund using the following expenses: Auto Expense $17, Office Expense $17, Postage Expense $90, Miscellaneous Expense $68. Cash on hand is $30. C. Increased petty cash by $150. Record these transactions. If an amount box does not require an entry, leave it blank. A. Petty Cash Petty Cash Cash Cash B. Auto Expense Auto Expense Office Expense Office Expense Postage Expense Postage Expense Miscellaneous Expense Miscellaneous Expense Cash Over and Short Cash Over and Short Cash Cash C. Petty Cash Petty Cash
Started a petty cash fund in the amount of $250. B. Replenished petty cash fund using the following expenses: Auto Expense $17, Office Expense $17, Postage Expense $90, Miscellaneous Expense $68. Cash on hand is $30. C. Increased petty cash by $150. Record these transactions. If an amount box does not require an entry, leave it blank. A. Petty Cash Petty Cash Cash Cash B. Auto Expense Auto Expense Office Expense Office Expense Postage Expense Postage Expense Miscellaneous Expense Miscellaneous Expense Cash Over and Short Cash Over and Short Cash Cash C. Petty Cash Petty Cash
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 2EA: Record the following transactions: A. Started a petty cash fund in the amount of $200. B....
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A. Started a petty cash fund in the amount of $250.
B. Replenished petty cash fund using the following expenses: Auto Expense $17, Office Expense $17, Postage Expense $90, Miscellaneous Expense $68. Cash on hand is $30.
C. Increased petty cash by $150.
Record these transactions. If an amount box does not require an entry, leave it blank.
A. |
|
Petty Cash | Petty Cash |
|
Cash | Cash | |
B. |
|
Auto Expense | Auto Expense |
|
Office Expense | Office Expense | |
|
Postage Expense | Postage Expense | |
|
Miscellaneous Expense | Miscellaneous Expense | |
|
Cash Over and Short | Cash Over and Short | |
|
Cash | Cash | |
C. |
|
Petty Cash | Petty Cash |
|
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