Calculator A $200 petty cash fund has cash of $20 and receipts of $177. The journal entry to replenish the account would include a credit to Oa. Petty Cash for $190 Ob. Cash for $20 Oc. Cash Short and Over for $3 Od. Cash for $180 Prev

Q: On March 20, Coronado's petty cash fund of $120 is replenished when the fund contains $5 in cash and…

A: Hi student Since there are multiple questions, we will answer only first question. If you want…

Q: A $150 petty cash fund has cash of $54 and receipts of $83. The journal entry to replenish the…

A: Given information:   Petty cash fund - $150 Cash balance - $54 Cash receipts - $83

Q: A$130 petty cash fund has cash of $16 and receipts of $111. The journal entry to replenish the…

A: Cash short (over) = Petty cash fund - cash - receipts = 130-16-111 = $3

Q: Record the following transactions: • Started a petty cash fund in the amount of $400. DR [ Select ]…

A: Petty Cash Fund: The cash fund that is used to pay small expenditures in business. That is called a…

Q: A $150 petty cash fund has cash of $54 and receipts of $83. The journal entry to replenish the…

A: Journal entries are the building blocks of accounting, which is the act of recording the economic or…

Q: Journalize the entries to record the following: Check No. 245-13 is issued to establish a petty…

A: a. Journalize the entry to establish the petty cash fund. No. Particulars Debit Credit   Petty…

Q: A $102 petty cash fund contains $90 in petty cash receipts, and $7 in currency and coins. Which of…

A:

Q: Prepare the journal entries for the following petty cash transactions of Hank Gaming Supplies: Mar.…

A: A petty cash fund seems to be a small sum of money left on deposit in a closed cabinet or package to…

Q: $121 petty cash fund has cash of $19 and receipts of $99. The journal entry to replenish the account…

A: Replenish of petty cash fund means reimbursement of petty cash fund.

Q: On March 20, Crane's petty cash fund of $113 is replenished when the fund contains $12 in cash and…

A: Petty cash: Petty cash fund is established to pay small expenses like office supplies, postage etc.…

Q: A $180 petty cash fund has cash of $20 and receipts of $146. Which of the following would be part of…

A: Cash Need to Replenish to Petty Cash Fund = Amount of Fund to Be - Cash Receipts - Amount of Cash…

Q: A $130 petty cash fund has cash of $16 and receipts of $101. The journal entry to replenish the…

A: Date Accounts Titles and Explanation Debit Cedit   Expenses $101     Cash…

Q: A $144 petty cash fund has cash of $24 and receipts of $109. The journal entry to replenish the…

A: The corporation create petty cash fund to meet its sundry expenses took place in daily course of…

Q: A company needs to replenish its $500 petty cash fund. Its petty cashbox has $75 cash and petty cash…

A: Given: A company needs to replenish its $500 petty cash fund. Its petty cashbox has $75 cash and…

Q: Calculator A $150 petty cash fund has cash of $54 and receipts of $83. The journal entry to…

A: Option b is the answer

Q: A $146 petty cash fund has cash of $23 and receipts of $131. The journal entry to replenish the…

A: Petty cash fund Petty cash fund is established with a small amount to spend day to day small…

Q: Record the following transactions into the general journal.  Be sure to include explanations.  When…

A: Petty cash: Petty cash fund is established to pay small expenses like office supplies, postage etc.…

Q: Prepare journal entries for each of the following: a.  Issued a check to establish a petty cash…

A: Journal entry : It is prepared record the financial and non financial transaction of the business…

Q: A $100 petty cash fund has cash of $9 and receipts of $85. The journal entry to replenish the…

A: Petty cash fund is a small amount of cash balance maintained by the company in hand, to pay of small…

Q: $162 petty cash fund has cash of $37 and receipts of $124. The journal entry to replenish the…

A: The petty cash account is used for payouts small incidental expenses such as utility expenses,…

Q: March 1 Established a petty cash fund of $877. March 31 The amount of cash in the petty cash fund is…

A: Petty cash: Petty cash fund is established to pay small expenses like office supplies, postage etc.…

Q: Journalize the entries to record the following: March 1 Established a petty cash fund of $877.…

A: Journal Entry: Journal entry is the act of keeping records of transactions in an accounting journal.…

Q: Journalizing Cash Receipts Enter the following transactions in a cash receipts journal: Nov. 1 Jean…

A: Journal Entry:- Journal entry is the process of recording business transactions either economic or…

Q: Bonita Company established a $110 petty cash fund on August 1. On August 31, the fund had $14 cash…

A: Journal entry is the process of recording the business transactions in the books of accounts for the…

Q: The entry to replenish the petty cash fund for $250 of various minor expenses would include a debit…

A: A petty cash fund is a very small amount of cash that is kept on hand to pay for various minor…

Q: a. On March 1, journalize the following transaction: Check is issued to establish a petty cash fund…

A: JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST REF. DEBIT CREDIT ASSETS LIABILITIES EQUITY…

Q: A $115 petty cash fund has cash of $22 and receipts of $83. The journal entry to replenish the…

A: Petty cash is the cash account managed to incur minor expenses related to business operations. The…

Q: Need help answeing the questions  Thank you

A: Petty cash fund refers to the small amount of money which an organization keeps for paying its minor…

Q: If cash on hand is $20, prepare the entry to replenish the petty cash on December 31. (Record debits…

A: Formulas: Cash Short and Over = Petty Cash Fund replenished – Petty Cash Vouchers

Q: On March 20, Concord's petty cash fund of $119 is replenished when the fund contains $6 in cash and…

A: Balance of available cash and the total expenses goes to Cash over and short Account.

Q: A $250 petty cash fund has cash of $15 and receipts of $230. The journal entry to replenish the…

A: Particulars  Debit (in $) Credit (in $) Expenses  Cash short and over [250 - (230+15)]…

Q: 1. Brooks Agency set up a petty cash fund for $270. At the end of the current period, the fund…

A: Petty cash: Petty cash fund is established to pay small expenses like office supplies, postage etc.…

Q: he petty cash fund of $200 for George Company appeared as follows on December 31, 2020: Cash…

A: Petty cash expenses include all those expenses which are very small amount like, $50 to $200 office…

Q: Gabana Inc.'s € 100 petty cash fund has cash of € 4 and receipts of € 91. The journal entry to…

A: Cash short and over = Petty cash fund - Cash available - Expense receipts…

Q: Record the following transactions: • Started a petty cash fund in the amount of $400. DR [ Select ]…

A: The petty cash fund is maintained for day to day minor cash requirements of the business.

Q: Prepare journal entries for each of the following: a.  Issued a check to establish a petty cash…

A: Journal entries refers to the process of systematic documentation of the financial transactions of a…

Q: Prepare journal entries for each of the following: a.  Issued a check to establish a petty cash…

A: Minor cash is a term used to describe a dedicated fund established by a company to cover routine…

Q: System company needs to replenish its $1000 petty cash fund. Its petty cash box has $150 cash and…

A: Petty cash means small amount of cash transfer received from the cash book to the petty cash book…

Q: Instructions   Journalize the necessary entries for each of the following: Required: a. On March 1,…

A: Petty Cash Fund is created to meet recurring cash expenses by an entity. It works on imprest system…

Q: A $84 petty cash fund has cash of $17 and receipts of $72. The journal entry to replenish the…

A: Petty cash is used to keep a separate cash account for day to day office expenses. It is usually…

Q: Post the differences between the cash count and the cash register tape to the Cash Short and Over T…

A: Workings:

Q: A $135 petty cash fund has cash of $18 and receipts of $120. The journal entry to replenish the…

A: The correct answer is Option (d).

Q: A $220 petty cash fund has cash of $10 and receipts of $206. The journal entry to replenish the…

A: In simple, replenish means to restore something. Replenishment of petty cash fund means to add the…

Q: A $100 petty cash fund has cash of $15 and receipts of $86. The journal entry to replenish the…

A: Petty cash fund is a fund which creates by the management of an organization to make small payments…

Q: A $167 petty cash fund has cash of $18 and receipts of $141. The journal entry to replenish the…

A: Petty cash fund: Petty cash fund is a fund established to pay insignificant amounts like postage,…

Q: Minsky Ltd. maintains a balance of $2,500 in its petty cash fund. On December 31, Minsky's petty…

A: Petty cash: Petty cash fund is eastiblished to pay insignifinant amount small expenses like office…

Q: A $81 petty cash fund has cash of $25 and receipts of $59. Which of the following would be part of…

A: Actual amount left=Initial fund-Receipts=$81-$59=$22