A. Started a petty cash fund in the amount of $300. B. Replenished petty cash fund using the following expenses: Auto Expense $20, Office Expense $55, Postage Expense $62, Miscellaneous Expense $73. Cash on hand is $90. C. Increased petty cash by $150. Record these transactions. If an amount box does not require an entry, leave it blank.

A. Started a petty cash fund in the amount of $300. B. Replenished petty cash fund using the following expenses: Auto Expense $20, Office Expense $55, Postage Expense $62, Miscellaneous Expense $73. Cash on hand is $90. C. Increased petty cash by $150. Record these transactions. If an amount box does not require an entry, leave it blank.

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter8: Fraud, Internal Controls, And Cash

Section: Chapter Questions

Problem 4EA: Record the following transactions: A. Started a petty cash fund in the amount of $500. B....

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