Jackson Co. needs to replenish its petty cash fund. Currently, it contains $11 in cash and receipts for supplies of $40 and delivery expenses of $49. The fund was initially established with $100. Demonstrate the journal entry to replenish the account by choosing the correct actions from those below. (Check all that apply.) Supplies Expense is debited for $40. Cash is credited for $89. Petty Cash is credited for $89. Delivery Expense is debited for $49. Petty Cash is debited for $89.
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Home » Business » Jackson Co. needs to replenish its petty cash fund. Currently, it contains $11 in cash and receipts for supplies of $40 and delivery expenses of $49. The fund was initially established with $100.