Business, 27.03.2021 01:00 jay8682

During October, Guiding Light Company experiences the following transactions in establishing a petty cash fund. Oct. 1 A petty cash fund is established with a check for $150 issued to the petty cash custodian. 31 A count of the petty cash fund disclosed the following items: Currency $19.00 Coins 0.40 Expenditure receipts (vouchers): Supplies $28.10 Telephone, Internet, and fax 16.40 Postage 75.00 Freight-out 6.80 Journalize the entries to establish the Petty Cash fund and then replenish it. You should prepare 2 journal entries

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During October, Guiding Light Company experiences the following transactions in establishing a petty...

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