Accounting 1 PR8-3B

timer Asked: Sep 6th, 2018

Question description

PR 8-2b Transactions for petty cash, cash short and over ObJ. 3, 6 Cedar Springs Company completed the following selected transactions during June 2016: June 1. Established a petty cash fund of $1,000. 12. The cash sales for the day, according to the cash register records, totaled $9,440. The actual cash received from cash sales was $9,506. SHOW ME HOW 1. Adjusted balance: $24,305 General Ledger SHOW ME HOW 30. 30. 30. Petty cash on hand was $46. Replenished the petty cash fund for the following disbursements, each evidenced by a petty cash receipt: June 2. 10. 14. 15. 18. 20. 21. 22. 28. Store supplies, $375. Express charges on merchandise purchased, $105 (Merchandise Inventory). Office supplies, $85. Office supplies, $90. Postage stamps, $33 (Office Supplies). Repair to fax, $100 (Miscellaneous Administrative Expense). Repair to office door lock, $25 (Miscellaneous Administrative Expense). Postage due on special delivery letter, $9 (Miscellaneous Administrative Expense). Expresschargesonmerchandisepurchased,$110(MerchandiseInventory). The cash $13,390. The actual cash received from cash sales was $13,350. sales for the day, according to the cash register records, totaled Increased the petty cash fund by $200.

Tutor Answer

(Top Tutor) Studypool Tutor
School: New York University
Studypool has helped 1,244,100 students
flag Report DMCA
Similar Questions
Hot Questions
Related Tags

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors