On March 20, Batavia's petty cash fund of $100 is replenished when the
Fund contains $9 in cash and receipts for postage $52, freight-out $26,
And travel expense $10. Prepare the journal entry to recorded the
Replenishment of the petty cash fund.
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On March 20, Batavia's petty cash fund of $100 is replenished when the
Fund contains $9 in cash and receipts for postage $52, freight-out $26,
And travel expense $10. Prepare the journal entry to recorded the
Replenishment of the petty cash fund.
Give it a quick try first and explain your reasoning.
July 1
Cash 800 credit
Services expense debit
July 8
Loans payable debit
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