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Unformatted text preview: Entertainment Expense (8%) Postage Expense (8%) Printing Expense (8%) Cash (8%) QS 6-5: Petty cash accounting L.O. P2 1 . The petty cash fund of the Kaley Agency is established at $75. At the end of the current pe contained $8.18 and had the following receipts: film rentals, $26.50, and refreshments $32.17 (both expenditures to be classified as Entertainment Expense); postage, $5.15; and Prepare journal entries to record (Round your answers to 2 decimal places. Omit the "$" response) : ( a ) establishment of the fund General Journal Petty Cash Cash...
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This note was uploaded on 11/19/2010 for the course BUS 120 taught by Professor Michecle during the Spring '10 term at Grossmont.
- Spring '10