Fill in missing boxes. Transactions for Petty Cash, Cash Short and Over Wyoming
ID: 2546422 • Letter: F
Question
Fill in missing boxes.
Transactions for Petty Cash, Cash Short and Over
Wyoming Restoration Company completed the following selected transactions during July 20Y1:
Required:
Journalize the transactions. For a compound transaction, if an amount box does not require an entry, leave it blank.
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July 1. Established a petty cash fund of $560. 12. The cash sales for the day, according to the cash register records, totaled $12,295. The actual cash received from cash sales was $12,334. 31. Petty cash on hand was $43. Replenished the petty cash fund for the following disbursements, each evidenced by a petty cash receipt: July 3. Store supplies, $62. July 7. Express charges on merchandise sold, $90 (Delivery Expense). July 9. Office supplies, $39. July 13. Office supplies, $45. July 19. Postage stamps, $47 (Office Supplies). July 21. Repair to fax, $112 (Miscellaneous Administrative Expense). July 21. Repair to office file cabinet lock, $39 (Miscellaneous Administrative Expense). July 22. Postage due on special delivery letter, $30 (Miscellaneous Administrative Expense). July 24. Express charges on merchandise sold, $45 (Delivery Expense). July 30. Office supplies, $20. 31. The cash sales for the day, according to the cash register records, totaled $25,323. The actual cash received from cash sales was $25,269. 31. Decreased the petty cash fund by $140.Explanation / Answer
20y1, July 1 Petty cash 560 Cash july 12 Cash 12334 Cash Short and Over (39) Sales 12295 Jily 31- Rrplishment Store Supplies 62 Delivery Expenses 135 Office Expenses 151 Miscellaneous administrative expenses 181 Cash Short and over Cash July 31- sale Cash 25269 Cash Short and over (54) Sales 25323 July 31- Petty Cash Cash 37214 Petty Cash 5420
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