Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. save 6 halles betty farm establishes a $200 petty

Save 6 Halles Betty Farm establishes a $200 petty cash fund on September 4 to...

80.2K

Verified Solution

Question

Accounting

image
image
image
Save 6 Halles Betty Farm establishes a $200 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 $30 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: sod Entertainment for petty cash ce credit card Postage fee to deveries credit card) 420 S75 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.) View transaction list Journal entry worksheet 2 3 Record the establishment of the petty cash fund on September 4. Notes et des fore credits General Journal Debit Credit Date September 04 View general journal Clear entry st account Niww.st Journal entry worksheet

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