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Journalize the Entries to Record the Following

Question 78

Essay

Journalize the entries to record the following:
March 1
Established a petty cash fund of $300.March 31
The amount of cash in the petty cash fund is now $64. The fund is replenished based on the following receipts: office supplies, $137; selling expenses, $112.Record any discrepancy in the cash short and over account.​
Journal Journalize the entries to record the following: March 1 Established a petty cash fund of $300.March 31 The amount of cash in the petty cash fund is now $64. The fund is replenished based on the following receipts: office supplies, $137; selling expenses, $112.Record any discrepancy in the cash short and over account.​ Journal

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