Record the following transactions: Started a petty cash fund in the amount of $300. and CR [Select] . + for $300. Replenished petty cash fund using the following expenses in this order: Auto $69, Office Expenses $77, Postage Expense $56, Miscellaneous Expenses $98. Cash on hand is $6. DR ISelect] . CR DR DR DR DR DR or CR? CR : Auto Expense Office Expense Postage Expense Miscellaneous Expense Cash Cash * Increased petty cash by $100. DR Petty Cash and CR [Select] ÷ $77 : ÷ $69 : $56 $98 $6 $300 for for $100.

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 1EA: Record the following transactions: A. Started a petty cash fund in the amount of $300. B....
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#
Q
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INSTRUCTIONS:
Record the following transactions:
Started a petty cash fund in the amount of $300.
DR [Select]
and CR [Select]
.
for $300.
.
* Replenished petty cash fund using the following expenses in this order:
Auto $69, Office Expenses $77, Postage Expense $56, Miscellaneous
Expenses $98. Cash on hand is $6.
CR
$
4
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DR
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DR
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DR or CR?
CR
%
* Increased petty cash by $100.
DR Petty Cash
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Auto Expense
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Office Expense
Postage Expense
Miscellaneous Expense
Cash
Cash
and CR [Select]
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Transcribed Image Text:# Q E O C INSTRUCTIONS: Record the following transactions: Started a petty cash fund in the amount of $300. DR [Select] and CR [Select] . for $300. . * Replenished petty cash fund using the following expenses in this order: Auto $69, Office Expenses $77, Postage Expense $56, Miscellaneous Expenses $98. Cash on hand is $6. CR $ 4 R F DR DR V DR DR DR or CR? CR % * Increased petty cash by $100. DR Petty Cash 5 T G + B A Auto Expense 6 Office Expense Postage Expense Miscellaneous Expense Cash Cash and CR [Select] MacBook Pro = Y H C & 7 N U J + $69 # $77 # $56 + $98 # $6 + $300 - * 00 8 M - + for $100. fo K ( - o 9 < O < I ) - O L command (›) P . : ; I option { [ ? + 11 + = I w } 1 delete return
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