Business, 24.03.2020 05:23 treviam963

Transactions for Petty Cash, Cash Short and Over Cedar Springs Company completed the following selected transactions during June:

June 1. Established a petty cash fund of $1,060.
12. The cash sales for the day, according to the cash register records, totaled $11,693. The actual cash received from cash sales was $11,719.
30. Petty cash on hand was $81. Replenished the petty cash fund for the following disbursements, each evidenced by a petty cash receipt:
June 2. Store supplies, $117.
June 10. Express charges on merchandise purchased, $170 (Merchandise Inventory).
June 14. Office supplies, $74.
June 15. Office supplies, $85.
June 18. Postage stamps, $89 (Office Supplies).
June 20. Repair to fax, $212 (Miscellaneous Administrative Expense).
June 21. Repair to office door lock, $74 (Miscellaneous Administrative Expense).
June 22. Postage due on special delivery letter, $57 (Miscellaneous Administrative Expense).
June 28. Express charges on merchandise purchased, $85 (Merchandise Inventory).
30. The cash sales for the day, according to the cash register records, totaled $16,669. The actual cash received from cash sales was $16,650.
30. Increased the petty cash fund by $265

Journalize the transactions. Refer to the Chart of Accounts for exact wording of account titles.

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