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I am doing a Mo and Jo's snapit simulation. I'm at the end and now have to do adjusting entries and closing entries.

COMPLETE ADJUSTING ENTRIES Prepare adjusting journal entries in the general journal based on the following information (all AJEs are dated September 30): 1. Inventory of the office supplies reveals that there is $2,750 worth of supplies left on hand. (1430) 2. Recognize portion of advertising expense used in month. 3. Recognize one month insurance expense for the expired insurance for month. 4. Ending Merchandise Inventory Balance on hand at the end of the month valued at $8,500. To establish a balance, increase the Merchandise Inventory account and post the offset to the Income Summary account for the value of the inventory (ending balance). 5. Accrue semimonthly payroll for Day 16 through Day 30, which won't be paid until next month for $1,808.75 (total payroll, $2,500.00, less deductions: employee income tax, $500.00; social security tax, $155.00; Medicare tax, $36.25). 6. Accrue employer payroll taxes for the month of $682.50. Taxes Owed are: social security tax, $310.00; Medicare tax, $72.50; federal unemployment tax, $30; and state unemployment tax, $270. 7. Recognize one month of Interest expense on the note and the loan (Bank uses 360 days for business note/loan financing interest). 8. Uncollectible accounts are estimated to be 2.5 percent of sales on account. 9. Accrue depreciation expense for one month for all assets: building; equipment, computer, vehicle and furniture & fixtures. Use straight-line method. COMPLETE CLOSING ENTRIES Prepare closing entries in the general journal based on the following information (all CJEs are dated September 30): 1. Close Revenue (R) accounts-transfer credit balances in revenue accounts to the clearing account, Income Summary. 2. Close Expense (E) accounts-transfer debit balances in expense accounts to the clearing account, Income Summary. 3. Close the Income Summary Account-transfer balance to the Capital account. 4. Close the Drawing (D) Account-transfer the debit balance to the Capital account. Section 803 OFF BY 4972.00 Starting point Week 1 Check Figure Jo and Mo's Icy Delights Before Posting Spec Jrnis Week 2 Week 3 Week 4 Check Figure Check Figure Check Figure w/Spec Urnis Unadjusted Week 4 Check Figure After Adjusting Entries Post-Closing After Closing Entries # Entries Journals General 8100K afalgo. Cash Payments Ale 26 14 10 $132.180.000 $232,180.00 O $232,180.00 $43,400.00 $48,000.00 1350 $59,350.00 $6,585.00 $13,791.00 320 $22,111.00 $17,200.00 $20,700.00 1850$29,950.00 $1,850.00 $3,600.00 1100 $4,700.00 Cash Receipts Purchases Sales $233,152.00 $233,152.00 $59,420.00 $59,420.00 $34,159.0033257534,159.00 $29,950.00 $29,950.00 $8,950.00 $8,950.00 4700, $248,458.80 $351,501.80 $59,420.00 $59,420.00 $34,159.00 $34,159.00 $29,950.00 $29,950.00 $8,950.00 $8,950.00 7 10 $4150 Column Totals Cash Payments Total DR/CR $59,420.00 # Entries 14 AP DR $8,750.00 Purchase DR $0.00 Other DR Cash CR $50,670.00 $58,616.25 Disc CR $112.50 Other CR $691.25 Column Totals Cash Receipts Total DR/CR $34,159.00 # Entries 10 Cash DR $33,939.00 Disc DR $35.00 Other DR $185.00 AR CR $1,850.00 Sales CR $32,209.00 Other CR $100.00 Check Figure Schedules Accounts Receivable Accounts Payable $7,100.00 $22,452.00 Starting point Week 1 Check Figure Before Posting Spec Jrnis Week 4 Check Figure w/Spec Jenis Unadjusted Week 4 Check Figure Post-Closing After Closing Entries After Adjusting Entries Week 2 Week 3 Check Figure Check Figure Trial Balance Debit Balance Credit Balance $170,330.00 $129,180.00 $233,430.00 $ 189,871.25 $239,780.00 $189,971.25 $241,007.00 $190,943.25 $253,414.75 $266,541.55 $219,672.75 $253,414.75 $266,541.55 $219,672.75 CHART OF ACCOUNTS You have established the following chart of accounts for Jo and Mo's Icy Delights. Use These Account Titles For Your Journal Entries. Capital, Jo & Mo Oxley Drawing, Jo & Mo Oxley Assets 100 101 103 104 110 111 121 399 Income Summary 122 Sales Sales Returns & Allowances Sales Discounts 130 132 133 134 136 Purchases Purchase Returns & Allowances Purchase Discounts 138 140 142 144 146 148 Liabilities 200 210 211 212 213 214 215 220 221 222 223 224 Chart of Accounts Equity Cash 310 Petty Cash 311 Accounts Receivable Clearing Allowance for Doubtful Accounts Merchandise Inventory Supplies Revenue Prepaid Insurance 401 Prepaid Advertising 402 Land 403 Building Accum. Depreciation-Building Purchases Store Equip 501 Accum. Depreciation-Store Equip. 502 Vehicle 503 Accum. Depreciation-Vehicle Expenses Office Equip. 610 Accum. Depreciation Office Equip. 611 Furniture and Fixtures 701 Accum. Depreciation-Furn. & Fixtures 705 710 Accounts Payable 711 Social Security Tax Payable 712 Medicare Tax Payable 713 Employee Income Tax Payable 720 Federal Unemployment Tax Payable 725 State Unemployment Tax Payable 727 Wages Payable 729 Notes Payable 730 Loan Payable 731 Interest Payable 732 Utilities Payable 733 Unearned Revenue 810 Advertising Expense Delivery Expense Wages Expense Supplies Expense Postage Expense Uncollectible Accounts Expense Utilities Expense Payroll Tax Expense Insurance Expense Credit Card Fee Expense Repair Expense Depreciation Expense - Building Depreciation Expense - Store Equip. Depreciation Expense - Vehicle Depreciation Expense - Office Equip. Depreciation Expense - Furn. & Fixtures Interest Expense ANALYZE, RECORD & POST TRANSACTION ENTRIES The Week 1 transactions have already been journalized and posted. The completed transactions will provide examples of the use of special journals in the recording of transactions. These transactions have been journalized in the appropriate journal and posted to both the general ledger, and subsidiary ledgers, to provide an example of proper posting from such special journals. WEEK 1 TRANSACTIONS - Review these transactions before proceeding forward in this practice set. Sep-1 Jo and Mo started Jo & Mo's Icy Delights with the investment of $90,000 cash. Sep-1 Obtained a note for a loan from the bank and received the proceeds of $35,000, for a 5 year note with 6% interest. The cash will be used for operations. Sep-2 Purchased store equipment, $25,000 cash. Estimated life for the equipment was 7 years with no salvage value. Straight line depreciation was used for recording depreciation. Sep-2 Purchased store furniture and fixtures for $8,500 cash (display cases for the ice cream, lights, tables, etc.) with no salvage value. The useful life of the furniture and fixtures is 5 ears. Sep-2 Purchased computer for $2,000 cash (for record keeping and inventory tracking) with no salvage value. The useful life of the computer is 3 years. Sep-2 Purchased office supplies on account for $4,180 from S&K Supplies, Inc., Inv. 222 Sep-3 A petty cash fund for $250 was set-up to handle incidental expenses Sep-3 Purchased ice cream from Bud's Dairy at a cost of $13,000 on account Inv. 314 + Sep-3 Purchased merchandise on account from Sky Mountain Chocolate Factory for $2,250, Inv. 314 Sep-4 Returned $3,000 of ice cream due to defective packaging to Bud's Dairy, Debit Memo 701 Sep-4 Purchased merchandise on account for $1,500 from the Pixley Grocery Store Outlet, Inv. 520 Sep-5 Sales were made on account to Faith IGA for $750, Inv. 1 Sep-5 Grand Opening day cash sales total $1,535 Sep-6 Sales on account to Iddings Grocery for $600, Inv. 2 Sep-6 Purchased merchandise for the store on account in the amount of $450 from Dove Food Co., Inv. 456 Sep-10 Paid on account to the Sky Mountain Chocolate Factory for the merchandise delivered Sept 3, Inv. 314 Sep-12 Purchased a 12-month general liability and property insurance policy for $5,400. Sep-12 Week 1 (Sept 6-12) cash sales were $5,050 Sep-12 Sales on account to Dale's Treats for $500, Inv. 3 ACCURACY CHECKPOINT - LOCATE THESE CHECK FIGURES IN THE ONLINE SET OF BOOKS BEFORE PROCEED Trial Balance Debit Balance Credit Balance $ $170,330.00 $129,180.00 Journals General Cash Payments Cash Receipts Purchases Sales $ $132,180.00 $43,400.00 $6,585.00 $17,200.00 $1,850.00 ANALYZE, RECORD & POST TRANSACTION ENTRIES You will record the month of September (Week 2, 3 and 4) transactions listed on the following pages (refer to the chart of accounts for the appropriate account titles to use). Leave a space after each entry. WEEK 2 TRANSACTIONS Sep-13 Paid balance owed on accounts payable to Pixley Grocery Store Outlet, Inv. 520 Sep-15 Secured a bank loan to purchase the building and land for $80,000. The building was valued at $65,000 and the land was valued at $15,000. It was financed by making a $20,000 down-payment and obtaining a mortgage for the balance at 5% for 20 years. The company estimates that the building will have a 25- year useful life and at the end of the 25 years, the building will have a $5,000 residual value. Sep-15 Purchased used delivery van, $20,000 cash. Estimated life for the delivery van was 6 years with no salvage value. Straight line depreciation was used for recording depreciation. Sep-15 Paid $600 cash for two grand opening advertisements in the local paper at $300 each. One ad will run this week and the other will run the first week of October. Sep-15 Collected payment from Faith IGA for Inv. 1, sold Sept 5. Fill day of Sep-16 Paid cash for semi-monthly payroll (Day 1 through Day 15), $1,808.75 (total payroll, $2,500.00, less deductions: employee income tax, $500.00; social security tax, $155.00; Medicare tax, $36.25). Sep-16 Purchased merchandise on account from Super Food Co. for $3,500, Inv. 707 Sep-18 Sales on account to Dee's Ice Creams, for $1,750, Inv. 4. 9 9500 Sep-19 Week 2 (Sept 13-18) cash sales totaled $6,456. 1180 qaret 720 *125000 40000 QUIZ 2) LSO 3) 2 Sus 9 50 500 be WEEK 3 TRANSACTIONS Sep-20 Sale on account to Sassy's Dip Shop for $700, Inv. 5. Sep-21 A cash customer returned un-opened cartons of ice cream. The customer received a full refund of $50 in cash. acct 402 ? & cash payment Tournal (100) ? doubleck wk Sep-22 Sales on account to the Stay-a-While inn for $400, Inv. 6. accto payable weung) Sep-22 Grace Lovell, a valued customer, paid $100 in advance for ice cream that will be delivered to her home on October 14. reve cash con pedream that will be delivered to her home-12 Sep-22 Joe's Repairs fixed a part on one of the refrigerators for $300. Paid cash for repairs, Inv. 225. parted in a Sep-22 Paid $5,000 cash payment to Bud's Dairy on Inv. 101. Thats when it credced to subezen subredo Sep-23 Purchased merchandise on account from Sky Mountain Chocolate Factory for $1,250, Inv. 343 es Sep-24 Received payment of $100 from Dale's Treats who purchased on credit during week 1, Inv. 3 Sep-24 Jo and Mo withdrew $6,000 for personal use. shap it Sep-25 Purchased ice cream from Bud's Dairy at a cost of $8,000 on account, Inv. 187 Sep-26 Week 3 (Sept 19-25) cash sales were $8,120. Quiz 1950 Crepe Al WEEK 4 TRANSACTIONS Sep-28 Sales on account to One Stop Shop $1,000, Inv. 7 Sep-28 Sales on account to the Java Hut for $250, Inv. 8 Sep-28 Sales on account to Stouder Hospital for $2,500, Inv. 9 Sep-30 Week 4 (Sept 26-30) cash sales were $7,348. Sep-30 Received payment on account from One Stop Shop, Inv. 7, for Sept 28 sale Sep-30 Sales on account to King High School for $500, Inv. 10 Sep-30 Accepted credit card for sales for the month amounted to $3,700. The crec service charge. Credit card sales are tied to the cash register electronically charge are processed by the bank at the end of the month. Recognize the the payment of the Service Charge to the bank. Sep-30 At the end of an accounting period a count of the petty cash shows that th and expense vouchers for supplies of $45 and postage of $25. Recognize e petty cash account. Sep-30 Spent $72 at Hawkins Service Station to fill up your delivery vehicles with account you maintain with Hawkins, Inv. 66. Sep-30 Received monthly utility bill for $900 Aloedgene COMPLETE ADJUSTING ENTRIES Prepare adjusting journal entries in the general journal based on the following information (all AJEs are dated September 30): 1. Inventory of the office supplies reveals that there is $2,750 worth of supplies left on hand. (1430) 2. Recognize portion of advertising expense used in month. 3. Recognize one month insurance expense for the expired insurance for month. 4. Ending Merchandise Inventory Balance on hand at the end of the month valued at $8,500. To establish a balance, increase the Merchandise Inventory account and post the offset to the Income Summary account for the value of the inventory (ending balance). 5. Accrue semimonthly payroll for Day 16 through Day 30, which won't be paid until next month for $1,808.75 (total payroll, $2,500.00, less deductions: employee income tax, $500.00; social security tax, $155.00; Medicare tax, $36.25). 6. Accrue employer payroll taxes for the month of $682.50. Taxes Owed are: social security tax, $310.00; Medicare tax, $72.50; federal unemployment tax, $30; and state unemployment tax, $270. 7. Recognize one month of Interest expense on the note and the loan (Bank uses 360 days for business note/loan financing interest). 8. Uncollectible accounts are estimated to be 2.5 percent of sales on account. 9. Accrue depreciation expense for one month for all assets: building; equipment, computer, vehicle and furniture & fixtures. Use straight-line method. COMPLETE CLOSING ENTRIES Prepare closing entries in the general journal based on the following information (all CJEs are dated September 30): 1. Close Revenue (R) accounts-transfer credit balances in revenue accounts to the clearing account, Income Summary. 2. Close Expense (E) accounts-transfer debit balances in expense accounts to the clearing account, Income Summary. 3. Close the Income Summary Account-transfer balance to the Capital account. 4. Close the Drawing (D) Account-transfer the debit balance to the Capital account. Section 803 OFF BY 4972.00 Starting point Week 1 Check Figure Jo and Mo's Icy Delights Before Posting Spec Jrnis Week 2 Week 3 Week 4 Check Figure Check Figure Check Figure w/Spec Urnis Unadjusted Week 4 Check Figure After Adjusting Entries Post-Closing After Closing Entries # Entries Journals General 8100K afalgo. Cash Payments Ale 26 14 10 $132.180.000 $232,180.00 O $232,180.00 $43,400.00 $48,000.00 1350 $59,350.00 $6,585.00 $13,791.00 320 $22,111.00 $17,200.00 $20,700.00 1850$29,950.00 $1,850.00 $3,600.00 1100 $4,700.00 Cash Receipts Purchases Sales $233,152.00 $233,152.00 $59,420.00 $59,420.00 $34,159.0033257534,159.00 $29,950.00 $29,950.00 $8,950.00 $8,950.00 4700, $248,458.80 $351,501.80 $59,420.00 $59,420.00 $34,159.00 $34,159.00 $29,950.00 $29,950.00 $8,950.00 $8,950.00 7 10 $4150 Column Totals Cash Payments Total DR/CR $59,420.00 # Entries 14 AP DR $8,750.00 Purchase DR $0.00 Other DR Cash CR $50,670.00 $58,616.25 Disc CR $112.50 Other CR $691.25 Column Totals Cash Receipts Total DR/CR $34,159.00 # Entries 10 Cash DR $33,939.00 Disc DR $35.00 Other DR $185.00 AR CR $1,850.00 Sales CR $32,209.00 Other CR $100.00 Check Figure Schedules Accounts Receivable Accounts Payable $7,100.00 $22,452.00 Starting point Week 1 Check Figure Before Posting Spec Jrnis Week 4 Check Figure w/Spec Jenis Unadjusted Week 4 Check Figure Post-Closing After Closing Entries After Adjusting Entries Week 2 Week 3 Check Figure Check Figure Trial Balance Debit Balance Credit Balance $170,330.00 $129,180.00 $233,430.00 $ 189,871.25 $239,780.00 $189,971.25 $241,007.00 $190,943.25 $253,414.75 $266,541.55 $219,672.75 $253,414.75 $266,541.55 $219,672.75 CHART OF ACCOUNTS You have established the following chart of accounts for Jo and Mo's Icy Delights. Use These Account Titles For Your Journal Entries. Capital, Jo & Mo Oxley Drawing, Jo & Mo Oxley Assets 100 101 103 104 110 111 121 399 Income Summary 122 Sales Sales Returns & Allowances Sales Discounts 130 132 133 134 136 Purchases Purchase Returns & Allowances Purchase Discounts 138 140 142 144 146 148 Liabilities 200 210 211 212 213 214 215 220 221 222 223 224 Chart of Accounts Equity Cash 310 Petty Cash 311 Accounts Receivable Clearing Allowance for Doubtful Accounts Merchandise Inventory Supplies Revenue Prepaid Insurance 401 Prepaid Advertising 402 Land 403 Building Accum. Depreciation-Building Purchases Store Equip 501 Accum. Depreciation-Store Equip. 502 Vehicle 503 Accum. Depreciation-Vehicle Expenses Office Equip. 610 Accum. Depreciation Office Equip. 611 Furniture and Fixtures 701 Accum. Depreciation-Furn. & Fixtures 705 710 Accounts Payable 711 Social Security Tax Payable 712 Medicare Tax Payable 713 Employee Income Tax Payable 720 Federal Unemployment Tax Payable 725 State Unemployment Tax Payable 727 Wages Payable 729 Notes Payable 730 Loan Payable 731 Interest Payable 732 Utilities Payable 733 Unearned Revenue 810 Advertising Expense Delivery Expense Wages Expense Supplies Expense Postage Expense Uncollectible Accounts Expense Utilities Expense Payroll Tax Expense Insurance Expense Credit Card Fee Expense Repair Expense Depreciation Expense - Building Depreciation Expense - Store Equip. Depreciation Expense - Vehicle Depreciation Expense - Office Equip. Depreciation Expense - Furn. & Fixtures Interest Expense ANALYZE, RECORD & POST TRANSACTION ENTRIES The Week 1 transactions have already been journalized and posted. The completed transactions will provide examples of the use of special journals in the recording of transactions. These transactions have been journalized in the appropriate journal and posted to both the general ledger, and subsidiary ledgers, to provide an example of proper posting from such special journals. WEEK 1 TRANSACTIONS - Review these transactions before proceeding forward in this practice set. Sep-1 Jo and Mo started Jo & Mo's Icy Delights with the investment of $90,000 cash. Sep-1 Obtained a note for a loan from the bank and received the proceeds of $35,000, for a 5 year note with 6% interest. The cash will be used for operations. Sep-2 Purchased store equipment, $25,000 cash. Estimated life for the equipment was 7 years with no salvage value. Straight line depreciation was used for recording depreciation. Sep-2 Purchased store furniture and fixtures for $8,500 cash (display cases for the ice cream, lights, tables, etc.) with no salvage value. The useful life of the furniture and fixtures is 5 ears. Sep-2 Purchased computer for $2,000 cash (for record keeping and inventory tracking) with no salvage value. The useful life of the computer is 3 years. Sep-2 Purchased office supplies on account for $4,180 from S&K Supplies, Inc., Inv. 222 Sep-3 A petty cash fund for $250 was set-up to handle incidental expenses Sep-3 Purchased ice cream from Bud's Dairy at a cost of $13,000 on account Inv. 314 + Sep-3 Purchased merchandise on account from Sky Mountain Chocolate Factory for $2,250, Inv. 314 Sep-4 Returned $3,000 of ice cream due to defective packaging to Bud's Dairy, Debit Memo 701 Sep-4 Purchased merchandise on account for $1,500 from the Pixley Grocery Store Outlet, Inv. 520 Sep-5 Sales were made on account to Faith IGA for $750, Inv. 1 Sep-5 Grand Opening day cash sales total $1,535 Sep-6 Sales on account to Iddings Grocery for $600, Inv. 2 Sep-6 Purchased merchandise for the store on account in the amount of $450 from Dove Food Co., Inv. 456 Sep-10 Paid on account to the Sky Mountain Chocolate Factory for the merchandise delivered Sept 3, Inv. 314 Sep-12 Purchased a 12-month general liability and property insurance policy for $5,400. Sep-12 Week 1 (Sept 6-12) cash sales were $5,050 Sep-12 Sales on account to Dale's Treats for $500, Inv. 3 ACCURACY CHECKPOINT - LOCATE THESE CHECK FIGURES IN THE ONLINE SET OF BOOKS BEFORE PROCEED Trial Balance Debit Balance Credit Balance $ $170,330.00 $129,180.00 Journals General Cash Payments Cash Receipts Purchases Sales $ $132,180.00 $43,400.00 $6,585.00 $17,200.00 $1,850.00 ANALYZE, RECORD & POST TRANSACTION ENTRIES You will record the month of September (Week 2, 3 and 4) transactions listed on the following pages (refer to the chart of accounts for the appropriate account titles to use). Leave a space after each entry. WEEK 2 TRANSACTIONS Sep-13 Paid balance owed on accounts payable to Pixley Grocery Store Outlet, Inv. 520 Sep-15 Secured a bank loan to purchase the building and land for $80,000. The building was valued at $65,000 and the land was valued at $15,000. It was financed by making a $20,000 down-payment and obtaining a mortgage for the balance at 5% for 20 years. The company estimates that the building will have a 25- year useful life and at the end of the 25 years, the building will have a $5,000 residual value. Sep-15 Purchased used delivery van, $20,000 cash. Estimated life for the delivery van was 6 years with no salvage value. Straight line depreciation was used for recording depreciation. Sep-15 Paid $600 cash for two grand opening advertisements in the local paper at $300 each. One ad will run this week and the other will run the first week of October. Sep-15 Collected payment from Faith IGA for Inv. 1, sold Sept 5. Fill day of Sep-16 Paid cash for semi-monthly payroll (Day 1 through Day 15), $1,808.75 (total payroll, $2,500.00, less deductions: employee income tax, $500.00; social security tax, $155.00; Medicare tax, $36.25). Sep-16 Purchased merchandise on account from Super Food Co. for $3,500, Inv. 707 Sep-18 Sales on account to Dee's Ice Creams, for $1,750, Inv. 4. 9 9500 Sep-19 Week 2 (Sept 13-18) cash sales totaled $6,456. 1180 qaret 720 *125000 40000 QUIZ 2) LSO 3) 2 Sus 9 50 500 be WEEK 3 TRANSACTIONS Sep-20 Sale on account to Sassy's Dip Shop for $700, Inv. 5. Sep-21 A cash customer returned un-opened cartons of ice cream. The customer received a full refund of $50 in cash. acct 402 ? & cash payment Tournal (100) ? doubleck wk Sep-22 Sales on account to the Stay-a-While inn for $400, Inv. 6. accto payable weung) Sep-22 Grace Lovell, a valued customer, paid $100 in advance for ice cream that will be delivered to her home on October 14. reve cash con pedream that will be delivered to her home-12 Sep-22 Joe's Repairs fixed a part on one of the refrigerators for $300. Paid cash for repairs, Inv. 225. parted in a Sep-22 Paid $5,000 cash payment to Bud's Dairy on Inv. 101. Thats when it credced to subezen subredo Sep-23 Purchased merchandise on account from Sky Mountain Chocolate Factory for $1,250, Inv. 343 es Sep-24 Received payment of $100 from Dale's Treats who purchased on credit during week 1, Inv. 3 Sep-24 Jo and Mo withdrew $6,000 for personal use. shap it Sep-25 Purchased ice cream from Bud's Dairy at a cost of $8,000 on account, Inv. 187 Sep-26 Week 3 (Sept 19-25) cash sales were $8,120. Quiz 1950 Crepe Al WEEK 4 TRANSACTIONS Sep-28 Sales on account to One Stop Shop $1,000, Inv. 7 Sep-28 Sales on account to the Java Hut for $250, Inv. 8 Sep-28 Sales on account to Stouder Hospital for $2,500, Inv. 9 Sep-30 Week 4 (Sept 26-30) cash sales were $7,348. Sep-30 Received payment on account from One Stop Shop, Inv. 7, for Sept 28 sale Sep-30 Sales on account to King High School for $500, Inv. 10 Sep-30 Accepted credit card for sales for the month amounted to $3,700. The crec service charge. Credit card sales are tied to the cash register electronically charge are processed by the bank at the end of the month. Recognize the the payment of the Service Charge to the bank. Sep-30 At the end of an accounting period a count of the petty cash shows that th and expense vouchers for supplies of $45 and postage of $25. Recognize e petty cash account. Sep-30 Spent $72 at Hawkins Service Station to fill up your delivery vehicles with account you maintain with Hawkins, Inv. 66. Sep-30 Received monthly utility bill for $900 Aloedgene

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