APRIL 15 LECTURE SEC 4.1-4.4 Trigonometry - Bb Coll Return to Blackboard IS Weygandt, Accounting Principles, 13th Edition, Custom WileyPLUS Course for Bronx Community College Help | System Announcements CALCULATOR PRI Exercise 8-07 Your answer is partially correct. Try again. Lily Company established a petty cash fund on May 1, cashing a check for $115. The company reimbursed the fund on June 1 and July 1 with the following results. June 1: Cash in fund $3.00. Receipts: delivery expense $28.15, postage expense $36.30, and miscellaneous expense $44.70. July 1: Cash in fund $4.05. Receipts: delivery expense $23.90, entertainment expense $50.70, and miscellaneous expense $36.35. On July 10, Lily increased the fund from $115 to $145.00. Prepare journal entries for Lily Company for May 1, June 1, July 1, and July 10. (Credit account titles are automatically indented when amount is entered. Do n answers to 2 decimal places, e.g. 52.75. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter4: Internal Control And Cash
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APRIL 15 LECTURE SEC 4.1-4.4 Trigonometry - Bb Coll
Return to Blackboard
IS Weygandt, Accounting Principles, 13th Edition, Custom WileyPLUS Course for Bronx Community College
Help | System Announcements
CALCULATOR
PRI
Exercise 8-07
Your answer is partially correct. Try again.
Lily Company established a petty cash fund on May 1, cashing a check for $115. The company reimbursed the fund on June 1 and July 1 with the following results.
June 1: Cash in fund $3.00. Receipts: delivery expense $28.15, postage expense $36.30, and miscellaneous expense $44.70.
July 1: Cash in fund $4.05. Receipts: delivery expense $23.90, entertainment expense $50.70, and miscellaneous expense $36.35.
On July 10, Lily increased the fund from $115 to $145.00.
Prepare journal entries for Lily Company for May 1, June 1, July 1, and July 10. (Credit account titles are automatically indented when amount is entered. Do n
answers to 2 decimal places, e.g. 52.75. Record journal entries in the order presented in the problem.)
Date
Account Titles and Explanation
Debit
Credit
Transcribed Image Text:APRIL 15 LECTURE SEC 4.1-4.4 Trigonometry - Bb Coll Return to Blackboard IS Weygandt, Accounting Principles, 13th Edition, Custom WileyPLUS Course for Bronx Community College Help | System Announcements CALCULATOR PRI Exercise 8-07 Your answer is partially correct. Try again. Lily Company established a petty cash fund on May 1, cashing a check for $115. The company reimbursed the fund on June 1 and July 1 with the following results. June 1: Cash in fund $3.00. Receipts: delivery expense $28.15, postage expense $36.30, and miscellaneous expense $44.70. July 1: Cash in fund $4.05. Receipts: delivery expense $23.90, entertainment expense $50.70, and miscellaneous expense $36.35. On July 10, Lily increased the fund from $115 to $145.00. Prepare journal entries for Lily Company for May 1, June 1, July 1, and July 10. (Credit account titles are automatically indented when amount is entered. Do n answers to 2 decimal places, e.g. 52.75. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit
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