Business
Business, 03.05.2021 20:30, spobyyy

Dani's Daycare utilizes a petty cash fund for small, routine business expenses. The balance in petty cash at the beginning of each month is 300 USD. During the month of May, Dani used 50 USD of petty cash for daycare supplies, 30 USD of petty cash to pay a utility bill, and 20 USD of petty cash for an employee pizza party. When Dani replenishes petty cash at the end of May, the journal entry will include:

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Dani's Daycare utilizes a petty cash fund for small, routine business expenses. The balance in petty...

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