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During October, Wichita Light Company experiences the following transactions in

ID: 2479648 • Letter: D

Question

During October, Wichita Light Company experiences the following transactions in establishing a petty cash fund. A petty cash fund is established with a check for $147 issued to the petty cash custodian. A check was written to reimburse the fund and increase the fund to $197. A count of the petty cash fund disclosed the following items: Journalize the entries in October that pertain to the petty cash fund. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Explanation / Answer

Date

Particulars

LF

Debit ($)

Credit ($)

Oct 1

Petty Cash

           Cash

147

147

Oct 31

Supplies

Telephone, Internet and Fax

Postage

Freight-Out

            Petty Cash

24.72

15.02

38.32

5.42

83.48

Oct 31

Petty Cash

              Cash

133.48

                               

133.48

The figure was not readible, still try to do it. Pls post the question with Clear Images. The firmat and the journal entry will be same, if the figures in the jourmal entry is not correct, pls co-operate.

Date

Particulars

LF

Debit ($)

Credit ($)

Oct 1

Petty Cash

           Cash

147

147

Oct 31

Supplies

Telephone, Internet and Fax

Postage

Freight-Out

            Petty Cash

24.72

15.02

38.32

5.42

83.48

Oct 31

Petty Cash

              Cash

133.48

                               

133.48

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