------------------

1 15 Cheyenne Corp. maintains a petty cash fund for small expenditures. These transactions occurred during the month of August. Aug. Established the petty cash fund by writing a check payable to the petty cash custodian for $225.00 Replenished the petty cash fund by writing a check for $221.80. On this date, the fund consisted of $3.20 in cash and these petty cash receipts: freight-out $74.20, entertainment expense $36.30, postage expense $33.20, and miscellaneous expense $76.40. Increased the amount of the petty cash fund to $500.00 by writing a check for $275.00. Replenished the petty cash fund by writing a check for $383.00. On this date, the fund consisted of $117 in cash and these petty cash receipts: postage expense $139.00, entertainment expense $92.00, and freight-out $151.00. 16 31 Post to the Petty Cash account. (Round answers to 2 decimal places, e.g. 52.75.) Petty Cash