2. Barton Company made the following transactions during June of this year involving its Petty...

90.2K

Verified Solution

Question

Accounting

image

2. Barton Company made the following transactions during June of this year involving its Petty Cash Fund, Cash Short and Over, and Service Revenue accounts: June 1 Established a Petty Cash Fund, $200. 14 Recorded cash revenue for period June 1 through 14: cash register tape, $4.980.21: cash count. $5.175.39. 30 Reimbursed the Petty Cash Fund, $94. The petty cash payments record indicated the following expenditures: Supplies. $32: Delivery Expense, $16: Advertising Expense, $35; Miscellaneous Expense, $11. 30 Recorded cash revenue for period June 15 through 30: cash register tape, $5,239.16; cash count: $5,441.09. 30 Recorded an NSF check received from J. Blakely listed on the bank reconciliation, $157. Record the transactions in general journal form

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students