A petty cash fund of 50,000 comprised of the following on June 30, 2021, the company's year- end Coins and currencies 1,400 Petty cash vouchers 30,500 Issued check to the order of one of the company's employees 18,000 What is the correct petty cash balance on June 30, 2021
A petty cash fund of 50,000 comprised of the following on June 30, 2021, the company's year- end Coins and currencies 1,400 Petty cash vouchers 30,500 Issued check to the order of one of the company's employees 18,000 What is the correct petty cash balance on June 30, 2021
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter7: Accounting For Cash
Section: Chapter Questions
Problem 6SEB
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