Part 1 Test APAGE 1GENERAL JOURNALACCOUNT TITLEDOC. NO. POST. REFDEBITCREDITDATEAlexandra Plass, CapitalR118,000.00 1Oct 12 Petty CashC1150.002 SuppliesM1190.003 Prepaid InsuranceC2800,004.4 Rent Expense31,100.0064 SuppliesM2225,006.Accounts Receivable-Ridgewood CenterS12,200.009 Accounts Receivable-Palmdale CafeS217 Advertising ExpenseC420 Miscellaneous ExpenseC510101122 Accounts Payable-Costello CompanyM3111224 Accounts Receivable-Palmdale CafeR2121313141413131616173719192020212122DELLesc# art 1 Test AOctober Transactions:OctReceived cash from owner as an investment, $18,000.00. RL12.Paid cash to establish a petty cash fund, $150.00. C1.2.Bought supplies, $190.00, using debit card. M1.3Paid cash for insurance, $800.00. C2.4Paid cash for one month's rent, $1,100.00. C3.Bought supplies on account from Star Supplies, $225.00. M2.Sold services on account to Ridgewood Center, $2,200.00. S1.Sold services on account to Palmdale Cafe, $850.00. S2.17Paid cash for advertising in a professional journal, $300.00. C4.20Paid cash for postage (Miscellaneous Expense), $35.00. C5.22Paid cash on account to Costello Company, $300.00, using EFT, M3.24Received cash on account from Palmdale Cafe, $500.00. R2.28Paid cash to owner for personal use, $1,500.00. C6.29Recorded bank service charge, $25.00. M4.29Received notice from the bank of a dishonored check from Palmdale Cafe, $500.00, plus $40.00 fee; total, $540.00. M5.31Received cash from sales, S4,200.00, T3131Paid cash to replenish the petty cash fund, $125.00: Supplies, $65.00; Miscellaneous Expense, $58.00; Cash Short and Over (cashshortage), $2.00. C7.The October transactions and chart of accounts for Plass Advertising are given in Question Assets. Journalize the selected transactions completed byPlass Advertising during October of the current year. Use page 1 of the journal. Source documents are abbreviated as follows: check, C;memorandum, M; receipt, R; sales invoice, S; calculator tape, T.DELL

Petty Cash: Petty cash is a minimal amount of money given as advance to pay for the routine…

DATE ACCOUNT TITLE DOC. NO. POST. REF. DEBIT CREDIT Alexandra Plass, Capital R1 18,000.00 1 Oct 1 2 Petty Cash C1 150.00 2. 2 Supplies M1 190.00 3 Prepaid Insurance C2 800.00 4. 4 Rent Expense C3 1,100.00 6. 4 Supplies M2 225.00 6. 5 Accounts Receivable-Ridgewood Center 51 2,200.00 7. 9 Accounts Receivable-Palmdale Cafe S2 17 Advertising Expense 20 Miscellaneous Expense C4 6. 10 10 C5 22 Accounts Payable-Costello Company M3 1 12 24 Accounts Receivable-Palmdale Cafe R2 12 4.

DATE ACCOUNT TITLE DOC. NO. POST. REF. DEBIT CREDIT Alexandra Plass, Capital R1 18,000.00 1 Oct 1 2 Petty Cash C1 150.00 2. 2 Supplies M1 190.00 3 Prepaid Insurance C2 800.00 4. 4 Rent Expense C3 1,100.00 6. 4 Supplies M2 225.00 6. 5 Accounts Receivable-Ridgewood Center 51 2,200.00 7. 9 Accounts Receivable-Palmdale Cafe S2 17 Advertising Expense 20 Miscellaneous Expense C4 6. 10 10 C5 22 Accounts Payable-Costello Company M3 1 12 24 Accounts Receivable-Palmdale Cafe R2 12 4.

Century 21 Accounting General Journal

11th Edition

ISBN:9781337680059

Author:Gilbertson

Publisher:Gilbertson

Chapter5: Cash Control Systems

Section: Chapter Questions

Problem 4AP

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Record the following transactions: A. Started a petty cash fund in the amount of $200. B. Replenished petty cash fund using the following expenses: Auto $15, Office Expenses $20, Postage Expense $81, Miscellaneous Expenses $66. Cash on hand is $10. C. Increased petty cash by $75.
# Q E O C INSTRUCTIONS: Record the following transactions: Started a petty cash fund in the amount of $300. DR [Select] and CR [Select] . for $300. . * Replenished petty cash fund using the following expenses in this order: Auto $69, Office Expenses $77, Postage Expense $56, Miscellaneous Expenses $98. Cash on hand is $6. CR $ 4 R F DR DR V DR DR DR or CR? CR % * Increased petty cash by $100. DR Petty Cash 5 T G + B A Auto Expense 6 Office Expense Postage Expense Miscellaneous Expense Cash Cash and CR [Select] MacBook Pro = Y H C & 7 N U J + $69 # $77 # $56 + $98 # $6 + $300 - * 00 8 M - + for $100. fo K ( - o 9 < O < I ) - O L command (›) P . : ; I option { [ ? + 11 + = I w } 1 delete return
Calculator A $150 petty cash fund has cash of $54 and receipts of $83. The journal entry to replenish the account would indlude a a. debit to Cash for $83 Ob. debit to Cash Short and Over for $13 Oc. credit to Cash for $54 Od. credit to Petty Cash for $29 ( Previous へ
QUESTION 4 Assumo that tho Petty Cashier of a $400 petty cash fund has $340 in cash plus $60 in rocepts at the end of the month The entry to replonish (rembunse) the potty cash fund wil nclude A crodit to Cash for $60 O A dobit to Cash for $340 O A credit to Cash for $340 O A debit to Cash for $00
Calculator A $200 petty cash fund has cash of $20 and receipts of $177. The journal entry to replenish the account would include a credit to Oa. Petty Cash for $190 Ob. Cash for $20 Oc. Cash Short and Over for $3 Od. Cash for $180 Prev
A $142 petty cash fund has cash of $22 and receipts of $126. The journal entry to replenish the account would include a a. credit to Cash Short and Over for $6 b. debit to Cash for $22 c. credit to Petty Cash for $126 d. credit to Cash for $142
A $167 petty cash fund has cash of $18 and receipts of $141. The journal entry to replenish the account would include a a. debit to Cash Short and Over for $8 b. credit to Petty Cash for $141 c. debit to Cash for $18 d. credit to Cash for $167
Question Content Area A $178 petty cash fund has petty cash on hand of $25 and receipts of $139. The journal entry to replenish the fund would include a a. debit to Cash Short and Over for $14. b. credit to Petty Cash for $139. c. debit to Cash for $25. d. credit to Cash for $178.
A $150 petty cash fund has cash of $54 and receipts of $83. The journal entry to replenish the account would include a ? Please explain with full explanation a. credit to Petty Cash for $29 b. debit to Cash for $83 c. debit to Cash Short and Over for $13 d. credit to Cash for $54
A $144 petty cash fund has cash of $24 and receipts of $109. The journal entry to replenish the account would include a Oa. credit to Petty Cash for $109. Ob. credit to Cash for $144. Oc. debit to Cash for $24. Od. debit to Cash Short and Over for $11. Previous Next
Consider Chandler's incomplete deposit slip: How much cash did Chandler receive? A.$70.00 b. $106.00 C.$176.00 d. S246.00
BANK STATEMENT Date Checks Deposits Other Balance $ 48,000 40, 380 67,830 53,930 ৪9,938 ৪৪, 978 88,470 88,520 88,370 Dec. 1 $ 7,620 550 $28, 0e 13,900 11 17 23 36, e00 26 960 30 19,200 19, e00 NSF* $300 Interest earned Service charge 31 50 31 150 NSF check from J. Left, a customer. Cash (A) Dec. 1 Balance 48, 000 Deposits Checks written during December: 7,620 550 28, e00 36, 000 19,000 13,e00 Dec. 11 23 13,900 960 30 31 150 19, 200 4,500 Dec. 31 Balance 97,128 There were no deposits in transit or outstanding checks at November 30. 4. Prepare any journal entries that the company should make as a resuit of the bank reconciliatio transaction/event, select "No Journal Entry Required" In the first account fleld.) View transaction list Journal entry worksheet B C D E A Record the interest of $50 received from the bank. Note: Enter debits before credits. Transaction General Journal Debit Credit 1 Record entry Clear entry View general journal