-/10 IT Question 6 of 7 View Policies Current Attempt in Progress Crane Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of August. Aus 1 15 Established the petty cash fund by writing a check payable to the petty cash custodian for $200. Replenished the petty cash fund by writing a check for $197.00. On this date, the fund consisted of 53.00 in cash and these petty cash receipts freight-out $92, entertainment expense $45.00. postage experve 540.00 and miscellaneous expense $19.00 Increased the amount of the petty cash fund to $300 by writing a check for $100.00 Replenished the petty cash fund by writing a check for $204.50 On this date the fund consisted of $15.50 in cash and these petty cash receipts postage expense $138.00, entertainment expense 592.00, and freight-out $53,50 16 31 Date Account Titles and Explanation Debit Aug 1 Petty Cash 200 Cash Aug 15 Cash Over and Short Freight Out Entertainment Expense Postage Expense Miscellaneous Expense Cash Aug 16 Petty Cash Cash Aug 31 Cash Over and Short Postage Expense Entertainment Expense Freight-Out Cash eTextbook and Media Post to the Petty Cash account. Petty Cash