Jules Company Requires a Petty Cash Balance of $250 You Inspect the Petty Cash Box and Find It Has

Essay

Jules Company requires a petty cash balance of $250. The company's accountant provided you with the following information regarding payments made from the petty cash fund for the month of January.
$\begin{array}{|l|l|c|}\hlineOffice~Expenses:\\\hline \text { January } 5 & \text { Purchase cream and sugar for coffee station } & \$ 63.00 \\\hline \text { January 11 } & \text { Purchased floral arrangement for front office reception area } & 95.00 \\\hline & & \\\hline \text { Delivery } & & \\ \text { Expense } & & \\\hline \text { January 18 } & \text { Marketing proposal sent by express courier to client } &36.00 \\\hline\\\hline \begin{array}{l}\text { Transportation- } \\\text { In }\end{array} & & \\\hline \text { January 26 } & \text { Paid shipping bill for merchandise inventory purchased by Jules} & 43.00 \\\hline\end{array}$ You inspect the petty cash box and find it has $3 left.
-Prepare the Petty Cash Payments Report for January.