March 1 Established a petty cash fund of $877. March 31 The amount of cash in the petty cash fund is now $729. The fund is replenished based on the following receipts: office supplies, $48 selling expenses, $105. Record any discrepancy in the cash short and over account. If an amount box does not require an entry, leave it blank. Mar. 1   fill in the blank 2 fill in the blank 3     fill in the blank 5 fill in the blank 6 Mar. 31   fill in the blank 8 fill in the blank 9     fill in the blank 11 fill in the blank 12     fill in the blank 14 fill in the blank 15     fill in the blank 17 fill in the blank 18

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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Journalize the entries to record the following:

March 1 Established a petty cash fund of $877.
March 31 The amount of cash in the petty cash fund is now $729. The fund is replenished based on the following receipts: office supplies, $48 selling expenses, $105.

Record any discrepancy in the cash short and over account. If an amount box does not require an entry, leave it blank.

Mar. 1   fill in the blank 2 fill in the blank 3
    fill in the blank 5 fill in the blank 6
Mar. 31   fill in the blank 8 fill in the blank 9
    fill in the blank 11 fill in the blank 12
    fill in the blank 14 fill in the blank 15
    fill in the blank 17 fill in the blank 18
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