Cactus Restoration Company completed the following selected transactions during

Question

Cactus Restoration Company completed the following selected transactions during October 2016:

Journalize the transactions. Refer to the Chart of Accounts for exact wording of account titles.

October 1. Established a petty cash fund of $730. 12. The cash sales for the day, according to the cash register records, totaled $12,146. The actual cash received from cash sales was $12,171. 31. Petty cash on hand was $133. Replenished the petty cash fund for the following disbursements, each evidenced by a petty cash receipt:

Explanation / Answer

Cactus Restoration Company completed the following selected transactions during

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