Havermill Co. establishes a $460 petty cash fund on September 1. On September 30, the fund is replenished. The accumulated receipts on that date represent $94 for Office Supplies, $179 for merchandise inventory, and $43 for miscellaneous expenses. The fund has a balance of $144. On October 1, the accountant determines that the fund should be increased by $92. The journal entry to record the reimbursement of the fund on September 30 includes a:
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Home » Business » Havermill Co. establishes a $460 petty cash fund on September 1. On September 30, the fund is replenished. The accumulated receipts on that date represent $94 for Office Supplies, $179 for merchandise inventory, and $43 for miscellaneous expenses.