The world’s Largest Sharp Brain Virtual Experts Marketplace Just a click Away
Levels Tought:
Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 401 Weeks Ago, 3 Days Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
(Petty Cash) The petty cash fund of Teasdale’s Auto Repair Service, a sole proprietorship, contains the following.
|
1 |
Coins  and currency |
 |
$10.20 |
|
2 |
Postage  stamps |
 |
7.9 |
|
3 |
An  I.O.U. from Richie Cunningham, an employee, for cash advance |
 |
40 |
|
4 |
Check  payable to Teasdale’s Auto Repair from Pottsie Weber, an employee, marked NSF |
 |
34 |
|
5 |
Vouchers  for the following: |
 |  |
| Â |
Stamps |
$20.00 |
 |
| Â |
Two Rose  Bowl tickets for Nick Teasdale |
170 |
 |
| Â |
Printer  cartridge |
14.35 |
204.35 |
| Â | Â | Â |
$296.45 |
The general ledger account Petty Cash has a balance of $300.
Instructions
Prepare the journal entry to record the reimbursement of the petty cash fund.
Hel-----------lo -----------Sir-----------/Ma-----------dam----------- Â----------- -----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------acq-----------uis-----------iti-----------on -----------of -----------my -----------sol-----------uti-----------on.-----------Ple-----------ase----------- pi-----------ng -----------me -----------on -----------cha-----------t I----------- am----------- on-----------lin-----------e o-----------r i-----------nbo-----------x m-----------e a----------- me-----------ssa-----------ge -----------I w-----------ill----------- be----------- ca-----------tch-----------