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Oduvanchick [21]
3 years ago
10

The petty cash fund of $200 for Tomkins Company appeared as follows on December 31, 2014

Business
1 answer:
Ilya [14]3 years ago
8 0

Answer:

Explanation:

1.

Petty Cash (200-50.6)  Dr.$149.4

Cash            Cr.$149.4

Freight In   Dr. $58.4

Postage      Dr.$40

Balloons Expense      Dr.$20

Meals Expense        Dr.$25

Cash                         Cr.$143.4  

2. Petty Cash  Dr.$50

   Bank/Cash   Cr.$50

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