Pelcher Company maintains a $500 petty cash fund. On January 31, the fund is replenished. The accumulated receipts on th
Posted: Wed Mar 09, 2022 8:24 am
Pelcher Company maintains a $500 petty cash fund. On January 31,
the fund is replenished. The accumulated receipts on that date
represent $130 for office supplies, $180 for merchandise inventory,
and $90 for miscellaneous expenses. There is a cash overage of $6.
The journal entry to replenish the fund on January 31 is:
the fund is replenished. The accumulated receipts on that date
represent $130 for office supplies, $180 for merchandise inventory,
and $90 for miscellaneous expenses. There is a cash overage of $6.
The journal entry to replenish the fund on January 31 is: