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HOMEWORK
Assignment 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.
Length/Formatting Font 12 point , Calibri Font
Program/File Type Submit in Word or Excel
File Name Lastname_firstname_A01_M7 Assignment
M7 Assignment Grading Rubric
Your work will be evaluated on the following criteria:
CATEGORY Exemplary Satisfactory Unsatisfactory Unacceptable
Part 1 (30 points) 30 points
Student provides correct answer
15 points
Student provides partially correct answer
5 points
Student provides incorrect answer but shows work
0 points
Student does not complete
Part 2 (30 points) 30 points
Student provides correct answer
15 points
Student provides partially correct answer
5 points
Student provides incorrect answer but shows work
0 points
Student does not complete
Part 3 (40 points) 40 points
Student provides correct answer
20 points
Student provides partially correct answer
10 points
Student provides incorrect answer but shows work
0 points
Student does not complete
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