Picasso restoration company completed the following selected

Picasso Restoration Company completed the following selected transactions during August 2012:

 

 

Aug. 1  Established a petty cash fund of $750

 

      10. The Cash Sales for the day, according to the cash register records, totaled $9780. The actual cash received from cash sales was $9800.

 

      31 Petty Cash on Hand was $240. Replenished the petty cash fund for the following disbursements, each evidenced by a petty cash receipt:

 

            Aug. 3  Store Supplies, $251

            Aug 7  Express charges on merchandise sold, $60 (delivery expense)

            Aug 9  Office Supplies, $20

           Aug. 13  Office Supplies, $30

           Aug. 19  Postage Stamps, $11 (Office Supplies)

           Aug. 21  Repair to office file cabinet lock, $40 (Misc. Administrative Expense)

           Aug. 22  Postage due on special delivery letter, $18 (Misc. Admin. Expense)

           Aug. 24  Express charges on merchandise sold, $50 (Delivery Expense)

           Aug. 30  Office Supplies, $15

 

Aug. 31  The cash sales for the day, according to the cash register records, totaled $11,200. The actual cash received from cash sales was $11,130

 

Aug. 31  Decreased the petty cash fund by $100    

 

Requirement:  Journalize the transactions

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