Waupaca Company establishes a $330 petty cash fund on September 9. On September 30, the fund shows $53 in cash along with receipts for the following expenditures: transportation-in, $57; postage expenses, $66; and miscellaneous expenses, $147. The petty cashier could not account for a $7 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 $380.

The journal entries are given below:

Explanation:

The journal entries are as follows

1. On September 9

Petty cash A/c Dr $330

          To Cash A/c 330

(Being the establishment of petty cash is recorded)

2. On September 30

Transportation-in $57

Postage expenses $66

Miscellaneous expenses $147

Cash over and short $7

                 To Cash $277

(Being the replenishment of petty cash fund is recorded)

3. On October 1

Petty cash$50       ($380, - $330)

            To Cash  $50

(Being petty cash amount increased)  

being suspected of supplying drugs means you are much more likely to be charged. the amount of drugs found on you, and whether you have a criminal record, will be taken into account when a punishment is being decided.

decisions to prosecute are taken by the public prosecution service. the maximum sentences for intent to supply drugs are: