Business, 25.10.2019 22:43, iiwolfiexuni
Waupaca company establishes a $440 petty cash fund on september 9. on september 30, the fund shows $193 in cash along with receipts for the following expenditures: transportation-in, $46; postage expenses, $78; and miscellaneous expenses, $111. the petty cashier could not account for a $12 shortage in the fund. the company uses the perpetual system in accounting for merchandise inventory. prepare (1) the september 9 entry to establish the fund, (2) the september 30 entry to reimburse the fund, and (3) an october 1 entry to increase the fund to $490
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Waupaca company establishes a $440 petty cash fund on september 9. on september 30, the fund shows $...
Mathematics, 20.05.2021 22:40
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