Crane Ltd. designated Alexa Kidd as petty cash custodian and established a petty cash fund...
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Crane Ltd designated Alexa Kidd as petty cash custodian and established a petty cash fund of $ The fund was reimbursed when the cash in the fund was: $ Petty cash receipts show that funds were disbursed for $ of supplies and $ of freight charges on inventory purchases. Prepare the entries needed to record the following independent transactions. a Your answer is partially correct. Assume that Crane decides to increase the size of the petty cash fund to $ immediately after the reimbursement. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter for the amounts. List all debit entries before credit entries. Account Titles and Explanation Debit Credit Petty Cash 
Crane Ltd designated Alexa Kidd as petty cash custodian and established a petty cash fund of $ The fund was reimbursed when the cash in the fund was: $ Petty cash receipts show that funds were disbursed for $ of supplies and $ of freight charges on inventory purchases. Prepare the entries needed to record the following independent transactions.
a
Your answer is partially correct.
Assume that Crane decides to increase the size of the petty cash fund to $ immediately after the reimbursement. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter for the amounts. List all debit entries before credit entries.
Account Titles and Explanation
Debit
Credit
Petty Cash
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