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Wyoming Restoration Company completed the following selected transactions during July 20Y1: July Established a petty cash fund of The cash sales for the day according to the cash

Wyoming Restoration Company completed the following selected transactions during July 20Y1: July 1. Established a petty cash fund of $1,100. 12. The cash sales for the day, according to the cash register records, totaled $8,192. The actual cash received from cash sales was $8,220. 31. Petty cash on hand was $47. Replenished the petty cash fund for the following disbursements, each evidenced by a petty cash receipt: July 3. Store supplies, $580. 7. Express charges on merchandise sold, $90 (Delivery Expense). 9. Office supplies, $30. 13. Office supplies, $35. 19. Postage stamps, $50 (Office Supplies). 21. Repair to office file cabinet lock, $60 (Miscellaneous Administrative Expense). 22. Postage due on special delivery letter, $28 (Miscellaneous Administrative Expense). 24. Express charges on merchandise sold, $135 (Delivery Expense). 30. Office supplies, $25. 31. The cash sales for the day, according to the cash register records, totaled $ 10,241. The actual cash received from cash sales was $10,232. 31. Decreased the petty cash fund by $ 150. Instructions Journalize the transactions.

Apr 06 2020 View more View Less

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