During October, Central Light Company experiences the following transactions in establishing a petty cash fund.
Oct. 1 A petty cash fund is established with a check for $150 issued to the petty cash custodian.
31 A check was written to reimburse the fund and increase the fund to $200. A count of the petty cash fund disclosed the following items:
Currency ................. $59.00
Coins ................... 0.70
Expenditure receipts (vouchers):
Supplies ........... $26.10
Telephone, Internet, and fax ... 16.40
Postage ........... 39.70
Freight-out .......... 6.80
Instructions
Journalize the entries in October that pertain to the petty cash fund.