Wrote a $360 check, cashed it, and gave the proceeds and the petty cashbox to Bo
ID: 2373247 • Letter: W
Question
Wrote a $360 check, cashed it, and gave the proceeds and the petty cashbox to Bo Brown, the petty cashier.
Purchased bond paper for the copier for $14.55 that is immediately used.
Paid $36.50 COD shipping charges on merchandise purchased for resale, terms FOB shipping point. Shelton uses the perpetual system to account for merchandise inventory.
Paid $7.45 postage to express mail a contract to a client.
Reimbursed Alli Buck, the manager, $69 for business mileage on her car.
Purchased stationery for $68.87 that is immediately used.
Paid a courier $21 to deliver merchandise sold to a customer, terms FOB destination.
Paid $10.50 COD shipping charges on merchandise purchased for resale, terms FOB shipping point.
The fund had $23.62 remaining in the petty cash box. Sorted the petty cash receipts by accounts affected and exchanged them for a check to reimburse the fund for expenditures.
need to answer these blank
Shelton Gallery had the following petty cash transactions in February of the current year.Explanation / Answer
1. $64.45
2. $47.00
3. $83.42
total - 194.87
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