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1. The petty cash fund of the Brooks Agency Is established at $100. At the end of the current perlod, the fund contalned $16 and
1. The petty cash fund of the Brooks Agency Is established at $100. At the end of the current perlod, the fund contalned $16 and had the following recelpts: entertalnment, $53: postage, $20 and printing. $11 Prepare Joumal entrles to record (a) establishment of the fund and (b)relmbursement of the fund at the end of the current perlod. Mew transaction llat Journal entry worksheet Record the establishment of the petty cash fund. Note: Enter debits before credits. Debit Record entry Clear entry View general Journal 2 Identfy the two events from the following that cause a Petty Cash account to be credited In a Journal entry. (Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer.) Fund amount is being reduced. Fund amount is being Increased. Fund is belng el minated. Fund s belng established
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