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1. Brooks Agency set up a petty cash fund for $220. At the end of the current period, the fund contained $120 and had the

image text in transcribedimage text in transcribed 1. Brooks Agency set up a petty cash fund for $220. At the end of the current period, the fund contained $120 and had the following receipts: entertainment, $55; postage, $16; and printing, $29. Prepare journal entries to record (a) establishment of the fund and (b) reimbursement of the fund at the end of the current period. 2. Identify the two events from the following that cause a Petty Cash account to be credited in a journal entry. Complete this question by entering your answers in the tabs below. Prepare journal entries to record (a) establishment of the fund and (b) reimbursement of the fund at the end of the current period. Journal entry worksheet Record the establishment of the petty cash fund. Note: Enter debits before credits. 1. Brooks Agency set up a petty cash fund for $220. At the end of the current period, the fund contained $120 and had the following receipts: entertainment, $55; postage, $16; and printing, $29. Prepare journal entries to record (a) establishment of th fund and (b) reimbursement of the fund at the end of the current period. 2. Identify the two events from the following that cause a Petty Cash account to be credited in a journal entry. Complete this question by entering your answers in the tabs below. Identify the two events from the following that cause a Petty Cash account to be credited in a journal entry

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