A company establishes a petty cash fund for $480. By the end of the month, employees had made the following expenditures from the fund: supplies, $132; fuel for deliveries, $121; postage, $72; miscellaneous, $40. Required: Record the entry to recognize employee expenditures from the petty cash fund. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet A Record the entry to recognize expenditures from the petty cash fund. Note: Enter debits before credits. Transaction General Journal Debit Credit >
A company establishes a petty cash fund for $480. By the end of the month, employees had made the following expenditures from the fund: supplies, $132; fuel for deliveries, $121; postage, $72; miscellaneous, $40. Required: Record the entry to recognize employee expenditures from the petty cash fund. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet A Record the entry to recognize expenditures from the petty cash fund. Note: Enter debits before credits. Transaction General Journal Debit Credit >
Century 21 Accounting General Journal
11th Edition
ISBN:9781337680059
Author:Gilbertson
Publisher:Gilbertson
Chapter14: Accounting For Uncollectible Accounts Receivable
Section14.2: Writing Off And Collecting Uncollectible Accounts Receivable
Problem 1WT
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![A company establishes a petty cash fund for $480. By the end of the month, employees had made the following
expenditures from the fund: supplies, $132; fuel for deliveries, $121; postage, $72; miscellaneous, $40.
Required:
Record the entry to recognize employee expenditures from the petty cash fund. (If no entry is required for a
transaction/event, select "No Journal Entry Required" in the first account field.)
View transaction list
Journal entry worksheet
>
A
Record the entry to recognize expenditures from the petty cash fund.
Note: Enter debits before credits.
Transaction
General Journal
Debit
Credit](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9b1174a7-af8f-430f-b633-c53a92296991%2F7a8e3ccc-d96c-4e86-81cc-b006ebe98c56%2F1u86j0k_processed.png&w=3840&q=75)
Transcribed Image Text:A company establishes a petty cash fund for $480. By the end of the month, employees had made the following
expenditures from the fund: supplies, $132; fuel for deliveries, $121; postage, $72; miscellaneous, $40.
Required:
Record the entry to recognize employee expenditures from the petty cash fund. (If no entry is required for a
transaction/event, select "No Journal Entry Required" in the first account field.)
View transaction list
Journal entry worksheet
>
A
Record the entry to recognize expenditures from the petty cash fund.
Note: Enter debits before credits.
Transaction
General Journal
Debit
Credit
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