Prepare the journal entry if any required on january 1


Mountain Air Company established a $ 200 petty cash fund on January 1. From January 2 through 15, payments were made from the fund, as listed below. On January 17, the fund was replenished with a check for $ 158.

a. January 3 Paid cash for deliveries to customers...$ 43.

b. January  8 Paid cash to restaurant for catering office lunch...$ 83.

c. January 15 Paid cash for supplies...$ 32.

Required:

1. Prepare the journal entry, if any, Required on January 1.

2. Prepare the journal entries, if any, Required on January 2 through 15.

3. Prepare the journal entries, if any, Required on January 17.

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Accounting Basics: Prepare the journal entry if any required on january 1
Reference No:- TGS01162403

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