Question

Cedar Springs Company completed the following selected transactions during June:

June 1.	Established a petty cash fund of $410.
12.	The cash sales for the day, according to the cash register records, totaled $8,828.
	The actual cash received from cash sales was $8,865.
30.	Petty cash on hand was $31. Replenished the petty cash fund for the following
	disbursements, each evidenced by a petty cash receipt:
	June   2. Store supplies, $45.
	June 10. Express charges on merchandise purchased, $66 (Merchandise Inventory).
	June 14. Office supplies, $29.
	June 15. Office supplies, $33.
	June 18. Postage stamps, $34 (Office Supplies).
	June 20. Repair to fax, $82 (Miscellaneous Administrative Expense).
	June 21. Repair to office door lock, $29 (Miscellaneous Administrative Expense).
	June 22. Postage due on special delivery letter, $22 (Miscellaneous Administrative Expense).
	June 28. Express charges on merchandise purchased, $33 (Merchandise Inventory).
30.	The cash sales for the day, according to the cash register records, totaled $23,604.
	The actual cash received from cash sales was $23,568.
30.	Increased the petty cash fund by $103.

Required:

Journalize the transactions. For a compound transaction, if an amount box does not require an entry, leave it blank.

June 1	Petty Cash < role="button" >CashCash Short and OverMiscellaneous Administrative ExpensePetty CashSales
	Cash < role="button" >CashCash Short and OverMerchandise InventoryPetty CashSales
June 12	Cash < role="button" >CashCash Short and OverMiscellaneous Administrative ExpensePetty CashSales
	Cash Short and Over < role="button" >Accounts ReceivableCashCash Short and OverMiscellaneous Administrative ExpensePetty Cash
	Sales < role="button" >Accounts ReceivableCashMiscellaneous Administrative ExpensePetty CashSales
June 30-Replenish	Store Supplies < role="button" >Accounts PayableAccounts ReceivableCashPetty CashStore Supplies
	Merchandise Inventory < role="button" >Accounts PayableCashMerchandise InventoryPetty CashSales
	Office Supplies < role="button" >Accounts ReceivableCashOffice SuppliesPetty CashSales
	Miscellaneous Administrative Expense < role="button" >Accounts PayableCashMiscellaneous Administrative ExpensePetty CashSales
	Cash Short and Over < role="button" >Accounts ReceivableCashCash Short and OverPetty CashSales
	Cash < role="button" >CashCash Short and OverPetty CashSalesStore Supplies
June 30-Sale	< role="button" >Accounts ReceivableCashMiscellaneous Administrative ExpensePetty CashSales
	< role="button" >Accounts ReceivableCash Short and OverMiscellaneous Administrative ExpensePetty CashSales
	< role="button" >CashCash Short and OverMiscellaneous Administrative ExpensePetty CashSales
June 30-Petty cash	< role="button" >CashCash Short and OverMiscellaneous Administrative ExpensePetty CashSales
	< role="button" >CashCash Short and OverMiscellaneous Administrative ExpensePetty CashSales

Answer 1

Jun-01	Petty cash	$        410
	Cash		$        410
Jun-12	Cash	$    8,865
	cash sales		$    8,828
	Cash short and over		$          37
Jun-30	Store supplies	$          45
	Merchandise inventory	$          99
	Office supplies	$          96
	Misc. administrative expense	$        133
	Cash short and over	$            6
	Cash		$        379
Jun-30	Cash	$ 23,568
	Cash short and over	$          36
	cash sales		$ 23,604
Jun-30	Petty cash	$        103
	cash		$        103