Jeremiah Restoration Company completed the following selected transactions during January:

Jeremiah Restoration Company completed the following selected transactions during January:

Jan.

 1. Established a petty cash fund of $900.

 12. The cash sales for the day, according to the cash register records, totaled $6,148. The actual cash received from cash sales was $6,180.

 31. Petty cash on hand was $75.  Replenished the petty cash fund for the following disbursements, each evidenced by a petty cash receipt:

Jan.

    3. Store supplies, $470.

    7. Express charges on merchandise sold, $55 (Delivery Expense).

    9. Office supplies, $30.

    13. Office supplies, $11.

    19. Postage stamps, $55 (Office Supplies).

    21. Repair to office file cabinet lock, $60 (Miscellaneous Administrative Expense).

     22. Postage due on special delivery letter, $30 (Miscellaneous Administrative Expense).

     24. Express charges on merchandise sold, $85 (Delivery Expense).

     30. Office supplies, $14.

Jan.

 31. The cash sales for the day, according to the cash register records, totaled $4,550. The actual cash received from cash sales was $4,536.

 31. Decreased the petty cash fund by $200.

Instructions

Journalize the transactions.

Answer:

1 Petty Cash900

Cash900

12 Cash6,180

Cash Short and Over32

Sales6,148

31 Store Supplies470

Delivery Expense140

Office Supplies110

Miscellaneous Administrative Expense 90

Cash Short and Over15

Cash825

31 Cash4,536

Cash Short and Over14

Sales4,550

31 Cash200

Petty Cash200