TION yahoo mail Help Save Exlt Subml On January 2 Jasmines

TION yahoo mail Help Save & Exlt Subml On January 2. Jasmine\'s Beauty Supplies Inc. Issued Check 3100 for $300 to establish a petty cash fund. On January 31, Check 3159 was issued to replenish the petty cash fund. An analysis of payments from the fund showed these totals: Supplies, $49 Delivery Expense, $90, and Miscelianeous Expense, $25 Indicate how these transactions would be recorded in a general journal Journal entry worksheet Jasmine\'s Beauty Supplies Inc. issued Check 3100 for $300 to establish a petty cash fund Note: Enter debts before credits Debit Credit Date General Journal Jan 02 2019

Solution

the following are the journal entries:

date	journal	debit	credit
Jan 02,20190	Petty cash a/c	$300
	...............To Cash a/c		$300
	(being check issued to establish petty cash fund)
2nd journal entry
januery 31	Supplies a/c	$49
	Delivery expense a/c	$90
	Miscellaneous expense a/c	$25
	.....................To Cash a/c		$164
	(to replinish petty cash fund)