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-   -   Replenishing Petty cash (https://www.askmehelpdesk.com/showthread.php?t=276058)

  • Nov 1, 2008, 04:57 PM
    moemoney9788
    Replenishing Petty cash
    How would you journalize an entry to replenish petty cash spent on supplies?
  • Nov 1, 2008, 05:01 PM
    tickle

    Slush fund
  • Nov 2, 2008, 09:18 AM
    pready

    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
  • Nov 2, 2008, 10:27 AM
    tickle

    My post was 'tongue in cheek' pready.

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