Select Page

Waupaca Company establishes a $310 petty cash fund on September 9. On September

by | Apr 26, 2022 | Accounting homework help | 0 comments

For This or a Similar Paper Click To Order Now

Waupaca Company establishes a $310 petty cash fund on September 9. On September 30, the fund shows $37 in cash along with receipts for the following expenditures: transportation-in, $55; postage expenses, $75; and miscellaneous expenses, $135. The petty cashier could not account for a $8 shortage in the fund. The company uses the perpetual system in accounting for merchandise inventory.
Prepare (1) the September 9 entry to establish the fund, (2) the September 30 entry to reimburse the fund, and (3) an October 1 entry to increase the fund to $385.  fastessayy

 

Place your order now for a similar assignment and have exceptional work written by our team of experts, At affordable rates

For This or a Similar Paper Click To Order Now

Our confidential essay writing service protects your privacy

We cherish your trust and do our best to protect you. Anything that you share with our private essay writing service is never misused as the access to your personal data is very limited. Your payment details and credit card number also fall under strict protection when you buy a custom essay online from us.