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28) A company established a petty cash fund in April of the current year and experienced the following transactions affecting the fund during April. Prepare
28) A company established a petty cash fund in April of the current year and experienced the following transactions affecting the fund during April. Prepare journal entries to establish the fund on April 1, to replenish it on April 25, and to record the increase in the fund on April 25. (6 points) April 1Prepared a company check for $300.00 to establish the petty cash fund. Prepared a company check to replenish the fund for the following 25 expenditures made since April 1. Paid $84.50 for cleaning services. Paid $84.00 for postage expense. Paid $103.15 for office supplies. Counted $23.35 remaining in the petty cash box. 25The company decides to increase the fund by $100. GENERAL JOURNAL Date Account Titles and Explanation P.R. Debit Credit
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