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can you please answer this question step by step s...

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can you please answer this question step by step so i can understand how it was done...Thank you Journalize the entries to record the following: a. Check No. 6172 is issued to establish a petty cash fund of $1,000. b. The amount of cash in the petty cash fund is now $239.16. Check No. 6319 is issued to replenish the fund, based on the following summary of petty cash receipts: office supplies, $379.10; miscellaneous selling expense, $216.25; miscellaneous administrative expense, $143.06. (Since the amount of the check to replenish the fund plus the balance in the fund do not equal $1,000, record the discrepancy in the cash short and over account.),Thank you michael, that was great...Youre awesome.. christine

 

Paper#4543 | Written in 18-Jul-2015

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