May 1 Prepared a company check for $350 to establish the petty cash fund. ay 15 Prepared a company check to replenish the fund for the following expenditures made since M ay 15 a. Paid $109.20 for janitorial expenses. ay 15 b. Paid $89.15 for miscellaneous expenses. ay 15 c. Paid postage expenses of $60.90. ay 15 d. Paid $80.01 to Facebook for advertising expense. ay 15 e. Counted $26.84 remaining in the petty cashbox. ay 16 Prepared a company check for $200 to increase the fund to $550. ay 31 The petty cashier reports that $385.27 cash remains in the fund. A company check is drawn for the following expenditures made since May 15. ay 31 f. Paid postage expenses of $59.10. ay 31 g. Reimbursed the office manager for mileage expense, $47.05. ay 31 h. Paid $48.58 in delivery expense for products to a customer, terms FOB destination. ay 31 The company decides that the May 16 increase in the fund was too large. It reduces the fun
May 1 Prepared a company check for $350 to establish the petty cash fund. ay 15 Prepared a company check to replenish the fund for the following expenditures made since M ay 15 a. Paid $109.20 for janitorial expenses. ay 15 b. Paid $89.15 for miscellaneous expenses. ay 15 c. Paid postage expenses of $60.90. ay 15 d. Paid $80.01 to Facebook for advertising expense. ay 15 e. Counted $26.84 remaining in the petty cashbox. ay 16 Prepared a company check for $200 to increase the fund to $550. ay 31 The petty cashier reports that $385.27 cash remains in the fund. A company check is drawn for the following expenditures made since May 15. ay 31 f. Paid postage expenses of $59.10. ay 31 g. Reimbursed the office manager for mileage expense, $47.05. ay 31 h. Paid $48.58 in delivery expense for products to a customer, terms FOB destination. ay 31 The company decides that the May 16 increase in the fund was too large. It reduces the fun
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 2PA: On May 2 Kellie Company has decided to initiate a petty cash fund in the amount of $1,200. Prepare...
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II just need help with the cash over and short and the cash for may 31
please answer do not image format.
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