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T. L Jones Trucking Services establishes a petty cash fund on April 3 for $500 By the end of April the fund has a cash balance of $72 and has receipts for the following

T. L. Jones Trucking Services establishes a petty cash fund on April 3 for $500. By the end of April, the fund has a cash balance of $72 and has receipts for the following items: Utilities ...................................................$125 Pizza delivery (entertainment)........................... 34 Stamps ......................................................49 Plumbing repair services .................................220 Required: Record the establishment of the petty cash fund on April 3, the expenditures made during the month, and the replenishment of the fund on April 30.

May 17 2020 View more View Less

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