Menu
support@businesspapershelp.com
+1(805) 568 7317

157 on february 3rd mega sales decides to establish a 200 00 petty cash account to r 4296951

 

157. On February 3rd Mega Sales decides to establish a $200.00 Petty Cash Account to relieve the burden on Accounting.

(a)

Journalize this event.

(b)

On February 11th the petty cash fund has receipts for mail and postage of $84.75, contributions and donations of $45.25, meals and entertainment of $35.50 and $25.75 in cash. Journalize the replenishment of the fund.

(c)

On February 12th Mega Sales decides to increase petty cash to $300.00. Journalize this event.

 

 

"Order a similar paper and get 15% discount on your first order with us
Use the following coupon
"GET15"

Order Now