Business, 18.03.2021 01:30 sebastianmettsovghhk
Wildhorse Company established a petty cash fund on May 1 for $125. The company reimbursed the fund on June 1 and July 1 with the following results. June 1: Cash in fund $3.55. Receipts: delivery expense $27.45, postage expense $36.25, and miscellaneous expense $55.60. July 1: Cash in fund $4.15. Receipts: delivery expense $18.90, entertainment expense $52.25, and miscellaneous expense $49.70. On July 10, Wildhorse increased the fund from $125 to $155. Prepare journal entries for Wildhorse Company for May 1, June 1, July 1, and July 10
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Wildhorse Company established a petty cash fund on May 1 for $125. The company reimbursed the fund o...
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