Maurice Tutor

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Expertise:
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Teaching Since: May 2017
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 13 Jul 2017 My Price 4.00

James Hughes Company

James Hughes Company established a petty cash fund on May 1, cashing a check for $100.The company reimbursed the fund on June 1 and July 1 with the following results. June 1: Cash in fund $2.75. Receipts: delivery expense $31.25; postage expense $39.00; and miscellaneous expense $25.00.
July 1: Cash in fund $3.25. Receipts: delivery expense $21.00; entertainment expense $51.00; and miscellaneous expense $24.75.
On July 10, James Hughes increased the fund from $100 to $150.
Instructions
Prepare journal entries for James Hughes Company for May 1, June 1, July 1, and July 10.

Answers

Maurice Tutor
(5)
Status NEW Posted 13 Jul 2017 06:07 AM My Price 4.00

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