Business
Business, 25.10.2019 03:43, leslieperez67

Check no. 12-375 is issued to establish a petty cash fund of $500. the amount of cash in the petty cash fund is now $40. check no. 12-476 is issued to replenish the fund, based on the following summary of petty cash receipts: office supplies, $212; miscellaneous selling expense, $156; miscellaneous administrative expense, $61. (because the amount of the check to replenish the fund plus the balance in the fund do not equal $500, record the discrepancy in the cash short and over account.)

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Check no. 12-375 is issued to establish a petty cash fund of $500. the amount of cash in the petty c...

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