Questions from College Accounting

Q: On July 1, a petty cash fund was established for $

On July 1, a petty cash fund was established for $100. The following vouchers were issued during July: REQUIRED 1. Prepare the journal entry to establish the petty cash fund. 2. Record the vouchers i...

Q: Based on the following information, prepare a deposit ticket:

Based on the following information, prepare a deposit ticket:

Q: Describe how each of the following accounts is used: (

Describe how each of the following accounts is used: (1) Purchases, (2) Purchases Returns and Allowances, (3) Purchases Discounts, and (4) Freight-In.

Q: Based on the following information, prepare a check and stub:

Based on the following information, prepare a check and stub:

Q: In a format similar to the following, indicate whether the action

In a format similar to the following, indicate whether the action at the left will result in an addition to (+) or subtraction from (–) the ending bank balance or the ending checkboo...

Q: Based on the following bank reconciliation, prepare the journal entries:

Based on the following bank reconciliation, prepare the journal entries:

Q: Based on the following petty cash information, prepare (a

Based on the following petty cash information, prepare (a) the journal entry to establish a petty cash fund, and (b) the journal entry to replenish the petty cash fund. On October 1, 20--, a check w...

Q: Based on the following information, prepare the weekly entries for cash

Based on the following information, prepare the weekly entries for cash receipts from service fees and cash short and over. A change fund of $100 is maintained.

Q: The book balance in the checking account of Kyri Enterprises as of

The book balance in the checking account of Kyri Enterprises as of November 30 is $2,964. The bank statement shows an ending balance of $2,525. The following information is discovered by (1) comparin...

Q: The book balance in the checking account of Tori’s Health Center as

The book balance in the checking account of Tori’s Health Center as of April 30 is $4,690.30. The bank statement shows an ending balance of $3,275.60. By examining last month’s bank reconciliation, co...