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  3. a company establishes a $400 petty cash fund on se

A company establishes a $400 petty cash fund on September 4 to pay for minor...

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Accounting

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A company establishes a $400 petty cash fund on September 4 to pay for minor cash expenditures. The fund is replenished at the end of each month. At the end of September, the fund contains $311 in cash. The company has also issued a credit card and authorized its office manager to make purchases. Expenditures for the month include the following items: Required: 1. Record the establishment of the petty cash fund on September 4 . 2. Record credit card expenditures during the month. The credit card balance is not yet paid. 3. Record petty cash expenditures during the month. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the establishment of the petty cash fund on September 4 . Note: Enter debits before credits

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