会计英语中银行余额调节表编制.pdfVIP

银行余额调节表 Problem 5-1 Palladium art Gallery completed the following petty cash transactions during February 2001: 1. Feb. 2 Drew a $300 check, cashed it, and gave the proceeds and the petty cash box to Nick Reed, the petty cashier. Feb. 2 Petty cash $300 Cash 300 5 Purchased paper for the copier, $10.13. 2. 5 Office Supplies $10.13 Petty cash 10.13 9 Paid $22.50 COD charges on merchandise purchased for resale. Assume Palladium uses the perpetual method to account for merchandise inventory. 9 Merchandise inventory $22.50 Petty cash 22.50 12 Paid $9,95 postage to express mail a contract to a client. 12 Postage expense $9.95 Petty cash 9.95 14 Reimbursed Gina Barton, the manager of the business, $58.00 for business auto expenses. 14 Mileage expense $58.00 Petty cash 58.00 20 Purchased stationery, $77.76. 20 Office supplies $77.76 Petty cash 77.76 23 Paid a courier $18.00 to deliver merchandise sold to a customer. 23 Delivery expense $18.00 Petty cash 18.00 25 Paid $15.10 COD charges on merchandise purchased for resale. 25 Merchandise inventory $15.10 Petty cash 15.10 28 Paid $64.00 for stamps. 28 Office Supplies $64.00 Petty cash 64.00 10. 28 Reed sorted the petty cash receipts by accounts affected and exchanged them for a check to reimburse the fund for expenditures. However, there was only $21.23 in cash in the fund. In addition, the size of the petty cash fund was increased to $400. 28 Summary of petty cash payments as follows: Office