
College Accounting 2nd Edition by David Haddock, John Price,Michael Farina
Edition 2ISBN: 978-0073396958
College Accounting 2nd Edition by David Haddock, John Price,Michael Farina
Edition 2ISBN: 978-0073396958 Exercise 12
Recording the replenishment of a petty cash fund.
On January 31, Chloe Inc. issued Check 3159 to replenish its petty cash fund. An analysis of payments from the fund showed these totals: Supplies, $48; Delivery Expense, $89; and Miscellaneous Expense, $24. Indicate how this transaction would be recorded in a general journal. Use 3 as the journal page number.
On January 31, Chloe Inc. issued Check 3159 to replenish its petty cash fund. An analysis of payments from the fund showed these totals: Supplies, $48; Delivery Expense, $89; and Miscellaneous Expense, $24. Indicate how this transaction would be recorded in a general journal. Use 3 as the journal page number.
Explanation
Petty cash fund is used by many small bu...
College Accounting 2nd Edition by David Haddock, John Price,Michael Farina
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