Business, 05.04.2021 23:40, kari9249

Cheyenne Company designated Jill Holland as petty cash custodian and established a petty cash fund of $252. The fund is reimbursed when the cash in the fund is at $35, which it is. Petty cash receipts indicate funds were disbursed for office supplies $98 and miscellaneous expense $93. Prepare journal entries for the establishment of the fund and the reimbursement.

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Cheyenne Company designated Jill Holland as petty cash custodian and established a petty cash fund o...