9 7 .    P R O T E S T A N T    A C C O U N T    R E- CEIPTS—enter  the  total  amount  of  the  collec- tion  from  the  Chapel  Fund  Receipt  Voucher which was 9.12. 98.   PROTESTANT   ACCOUNT   BAL- ANCE—add the 9.12 to the previous balance ( ||content|| ,966.52).  The  new  balance  is  ,275.64. 99.   COMPOSITE   BALANCE—add   the ROMAN  CATHOLIC  ACCOUNT  BALANCE ( ||content|| ,899.29) and the PROTESTANT AC- COUNT   BALANCE   (,275.64).   The   new balance is ,174.93. CLOSING ENTRIES (AUGUST 31, 1980) It is now time to make all the closing entries for  the  month  of  August.  The  first  procedure that must be performed is to replenish the petty cash  fund. Petty Cash Voucher The  chapel  fund  administrator  must  attach all supporting invoices and receipts to each Petty Cash  Voucher  upon  surrendering  them  to  the Roman  Catholic  and  Protestant  account  custo- dians   for   payment. On   each   Petty   Cash Voucher,  the  chapel  fund  administrator  writes the  word  “Paid”  followed  by  the  date  and  the number of the check which will be used to make the  replenishment  to  the  chapel  fund.  Figures II-4-54, II-4-55, and II-4-56 show the Petty Cash Vouchers  which  were  charged  to  the  Roman Catholic  and  Protestant  accounts  for  the  month of  August. Purchase Order (Part 3) Each   of   the   account   custodians   who authorized  the  withdrawal  of  money  from  the petty  cash  fund  prepares  a  Purchase  Order  for the amount that was charged to their individual accounts.   The   Roman   Catholic   account   custo- dian prepares a Purchase Order for .92 which is  the  amount  that  was  charged  to  his  account for the month. Figure II-4-57 illustrates this Pur- chase  Order.  The  Protestant  account  custodian prepares  a  Purchase  Order  for  .46  which  is the amount that was charged to her account for the  month.  Figure  II-4-58  illustrates  this  Pur- chase Order. Checking Account Figure II-4-59 shows the check issued to the NETPDC chapel fund administrator. This check is  issued  for  the  total  amount  of  the  Purchase Orders   (.38)   shown   in   figures   II-4-57   and II-4-58   for   the   Roman   Catholic   (.92)   and Protestant  (.46)  accounts. Receipts and Expenditures Record The   steps   required   to   bring   the   Roman Catholic and Protestant accounts up to date are illustrated  in  figure  II-4-60.  A  brief  explanation follows: 100.   DATE—enter   8/31   for   August   31, 1980. 101.   DESCRIPTION—enter   the   words “REPLENISH  PETTY  CASH”  to  show  that this  fund  is  being  reimbursed  by  the  Roman Catholic  and  Protestant  account  custodians. 102.  CHECK  NO.—enter  the  check  number that  was  issued  to  the  NETPDC  Chapel  Fund Administrator  to  replenish  the  petty  cash  fund. The  check  number  for  this  transaction  is  529. 103.   P.O.   NO.—enter   the   Purchase   Order numbers that were used for this transaction. The Purchase  Order  numbers  are  C-79  and  P-85. 104.   ROMAN   CATHOLIC   ACCOUNT EXPEND.—enter  the  total  amount  of  the  petty cash  expenditure  for  the  month  from  the  Pur- chase  Order  (C-79).  This  amount  is  .92. 105.   ROMAN   CATHOLIC   ACCOUNT BALANCE—subtract  the  .92  from  the previous balance ( ||content|| ,899.29). The new balance is ||content|| ,880.37. 106.   PROTESTANT   ACCOUNT   EX- PEND.—enter  the  total  amount  of  the  petty cash  expenditure  for  the  month  from  the  Pur- chase  Order  (P-85).  This  amount  is  .46. 1 0 7 .    P R O T E S T A NT A C C O U N T BALANCE—subtract  the  .46  from  the previous balance (,275 .64). The new balance is ,254.18. 108.   COMPOSITE   BALANCE—add   the ROMAN   CATHOLIC   ACCOUNT   BALANCE ( ||content|| ,880.37) and the PROTESTANT AC- COUNT   BALANCE   (,254.18).   The   new balance  is  ,134.55. 4-46