petty cash fund entries indent a credit ensy when...
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Accounting
petty cash fund entries
indent a credit ensy when a credit amount is ensered. \begin{tabular}{|c|c|c|c|c|c|c|c|c|} \hline & \multicolumn{5}{|c|}{ JOURAL } & \multicolumn{3}{|c|}{ ACCOUNTING EQUATION } \\ \hline 71 & ant & OCScluption & & cenrt & CECER & Assets & & roumr \\ \hline 1 & & & & & a & 0 & & \\ \hline 2 & & & 18 & & & & B & \\ \hline 1 & & & & & & & ex & a \\ \hline & & 18 & & & & & & \\ \hline 1 & 7% & & & & & & & \\ \hline \end{tabular} Journalize the entres to record the following: Required: a. On March 1, check is issued to estabish a peliv cash fund of $1,175 * b. On Aput 2, The amount of cash in the pery cash fund is now suo. Check is issued to replenish gie fund, based on the fallowing summayr of of the check to replenish the find plus the balance in the fund do not equal $1,175, record the discrepancy in the cash shout and over account* *Refor to the chart of accounts for the exact wording of the account stos CNOW journats do not use lines for journat explanabons, Every hine on a joumal pago is used for debir or credit enties. CNOW joumals will automabicaly indent a credit enty when a credit amount is entored
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