Reference no: EM132972940

Question - Record the following transactions by making the appropriate entries in the general journal.

Stanley Marks had the following petty cash transactions in April of the current year.

Apr 2 Write a $300 check to establish a petty cash fund.

Apr 4 Purchased paper and other supplies for the office for $48.20 that is immediately used.

Apr 10 Paid $35.20 for coffee and muffins for a weekly meeting with the staff.

Apr 12 Paid $20.15 postage to courier a special order to a customer.

Apr 14 Reimbursed Susan Snow, the manager, $60 for travel expenses for her trip to see visit customers.

Apr 28 Paid the cleaning staff $100 for the month.

Apr 30 The fund had $25.60 remaining in the petty cashbox. Sorted the petty cash receipts by accounts affected and exchanged them for a check to reimburse the fund for expenditures.

Apr 30 The petty cash fund amount is increased by $100 to a total of $400.