Journalize the Entries to Record the Following

question 78

Essay

Journalize the entries to record the following:
March 1
Established a petty cash fund of $300.March 31
The amount of cash in the petty cash fund is now $64. The fund is replenished based on the following receipts: office supplies, $137; selling expenses, $112.Record any discrepancy in the cash short and over account.​
Journal

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Definitions:

Fundamental Attribution Error

The tendency for observers to over-emphasize personality traits and under-emphasize situational factors when explaining other peoples' behavior.

Moderator

A variable that affects the strength or direction of the relationship between an independent and a dependent variable in statistical analyses.

Debate Topic

A point of discussion chosen for a structured exchange of arguments and counterarguments between parties with differing views.

Arguments

Reasons or sets of reasons provided to persuade others that an action or idea is right or wrong.