25) ________ Bought a book of stamps

26) ________ Filled up the company’s van with gas

 

27) ________ Owner withdrew money from the company for personal use

 

28) ________ Replenishment of petty cash

29) Prepare journal entries for the following petty cash fund transactions:

 

Sept. 1 Established a $200 petty cash fund.

30 Replenished the petty cash fund. Currency and coins remaining was $128; approved paid vouchers were: $12 donation expense; $18 postage; $24 office supplies expense; and $26 miscellaneous expense.

30) Prepare journal entries for the following petty cash fund transactions:

 

Nov.1 Established a $75 petty cash fund.

15 Increased the petty cash fund to have a new balance of $100.

30 Replenished the petty cash fund. Currency and coins remaining were $30. Approved paid vouchers were: $10 donation expense; $16 postage expense; $30 office supplies expense; and $20 misc. expense.

 

 



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