moemoney9788
Nov 1, 2008, 04:57 PM
How would you journalize an entry to replenish petty cash spent on supplies?
pready
Nov 2, 2008, 09:18 AM
There is not journal entry reqauired to replenish Petty Cash.
The Journal entry is:
Debit Supplies Expense for the amount
Credit Cash for the amount
tickle
Nov 2, 2008, 10:27 AM
My post was 'tongue in cheek' pready.