Question

From the following in 201X, record the transactions in Burbank’s auxiliary petty cash record and general journal as needed:

Oct. 1 A check was drawn (no. 444) payable to Eileen Cooper, petty cashier, to establish a $200 petty cash fund.

Oct. 5 Paid $20 for postage stamps, voucher no. 1.

Oct. 9 Paid $11 for delivery charges on goods for resale, voucher no. 2.

Oct. 12 Paid $16 for donation to a church (miscellaneous expense), voucher no. 3.

Oct. 14 Paid $10 for postage stamps, voucher no. 4.

Oct. 17 Paid $20 for delivery charges on goods for resale, voucher no. 5.

Oct. 27 Purchased computer supplies from petty cash for $25, voucher no. 6.

Oct. 28 Paid $13 for postage, voucher no. 7.

Oct. 29 Drew check no. 715 to replenish petty cash and a $5 shortage.

Answer 1

Burbank
Auxilliary Petty Cash Record
Date	Voucher No.	Description	Receipts	Payments	Account Debited
					Postage expense	Delivery expense	Other Accounts	Amount
Oct. 1		Establishment of fund	200
5	1	Postage		20	20
9	2	Delivery charges		11		11
12	3	Donation		16			Miscellaneous expense	16
14	4	Postage		10	10
17	5	Delivery charges		20		20
27	6	Computer supplies		25			Computer supplies	25
28	7	Postage		13	13
29		Sub-totals $	200	115	43	31		41
		Cash shortage		5			Cash short and over	5
		Totals $	200	120	43	31		46
		Ending fund balance		80
			200	200
29		Ending fund balance		80
29		Replenishment of fund		120
		Fund balance (new)	200	200

Date	General Journal	Debit	Credit
Oct. 1, 201X	Petty cash	200
	Cash		200
	(To record establishment of petty cash fund)
Oct. 29, 201X	Postage expense	43
	Delivery expense	31
	Miscellaneous expenses	16
	Computer supplies	25
	Cash short and over	5
	Cash		120
	(To record replenishment of petty cash fund)