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Handling a Petty Cash Fund Rivers Edge Canoe & Kayak petty cash fund was established on

Accounting: First Year Course | 1st Edition | ISBN: 9780078688294 | Authors: Glencoe ISBN: 9780078688294 416

Solution for problem 22-8 Chapter 22

Accounting: First Year Course | 1st Edition

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Accounting: First Year Course | 1st Edition | ISBN: 9780078688294 | Authors: Glencoe

Accounting: First Year Course | 1st Edition

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Problem 22-8

Handling a Petty Cash Fund Rivers Edge Canoe & Kayak petty cash fund was established on February 1 for $100, by writing check 1763. The accounts for which petty cash disbursements are likely to be made include Supplies, Gas Expense, Advertising Expense, Delivery Expense, and Miscellaneous Expense. Instructions 1. In your working papers, record the entry to establish the petty cash fund on page 12 of a general journal. 2. Record the establishment of the fund on the first line of the petty cash register, page 1. 3. Record each petty cash disbursement in the petty cash register. 4. Foot, prove, total, and rule the petty cash register on February 28. 5. Reconcile the petty cash fund. The amount in the petty cash box is $1.50. 6. Prepare a petty cash requisition. Sign your name as petty cashier. 7. Record the entry to replenish the petty cash fund by issuing Check 1798 in the general journal, page 15. 8. Record the replenishment information in the petty cash register. 9. The accountant believes the petty cash fund should be increased by $25. Record the issuance of Check 1799 on February 28.

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nd MGT 301-Febuary 2 2016 (Day 5) WALLSTREET JOURNAL: CAREER DEVELOPMENT I. Is It worth spending the money going to an elite school a. Do you know how to do the standard procedures i. You either know it or you don’t. II. Business success is NOT a formula. a. It is more about the small skills and using your resources. i. Business majors have the biggest variance in salary III. Gatton Alum Advice a. Must know yourself--Self awareness b. Have a clear idea and direction i. When interviewing with a corporation have a clear direction or focus. DO NOT tell people... “I am really open minded and I am interest

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Chapter 22, Problem 22-8 is Solved
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Textbook: Accounting: First Year Course
Edition: 1
Author: Glencoe
ISBN: 9780078688294

Accounting: First Year Course was written by and is associated to the ISBN: 9780078688294. The answer to “Handling a Petty Cash Fund Rivers Edge Canoe & Kayak petty cash fund was established on February 1 for $100, by writing check 1763. The accounts for which petty cash disbursements are likely to be made include Supplies, Gas Expense, Advertising Expense, Delivery Expense, and Miscellaneous Expense. Instructions 1. In your working papers, record the entry to establish the petty cash fund on page 12 of a general journal. 2. Record the establishment of the fund on the first line of the petty cash register, page 1. 3. Record each petty cash disbursement in the petty cash register. 4. Foot, prove, total, and rule the petty cash register on February 28. 5. Reconcile the petty cash fund. The amount in the petty cash box is $1.50. 6. Prepare a petty cash requisition. Sign your name as petty cashier. 7. Record the entry to replenish the petty cash fund by issuing Check 1798 in the general journal, page 15. 8. Record the replenishment information in the petty cash register. 9. The accountant believes the petty cash fund should be increased by $25. Record the issuance of Check 1799 on February 28.” is broken down into a number of easy to follow steps, and 190 words. This full solution covers the following key subjects: . This expansive textbook survival guide covers 29 chapters, and 429 solutions. Since the solution to 22-8 from 22 chapter was answered, more than 257 students have viewed the full step-by-step answer. This textbook survival guide was created for the textbook: Accounting: First Year Course, edition: 1. The full step-by-step solution to problem: 22-8 from chapter: 22 was answered by , our top Business solution expert on 03/14/18, 05:31PM.

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Handling a Petty Cash Fund Rivers Edge Canoe & Kayak petty cash fund was established on