29 00:52:23 Saved Hallfax Fitness Consulting completed the following petty cash transactions during February 20231 eb. 2 Prepared a $4,110 cheque, cashed it, and gave the proceeds and the petty cash box to Nick Reed, the petty cashier. 5 Purchased paper for the cepler, $247. 9 Paid $428 000 charges on merchandise purchased for resale. Assume lalitax Fitness Consulting uses the perpetual method to account for merchandise inventory. 12 Paid $190 postage to express mail = contract to a client. 14 Reimbursed Kin Marin, the manager of the business 11,700 for business auto expenses. 20 Purchased stationery, $751. 21 Paid a courier $12 to deliver merchandise sola to a customer. 25 Pald $18 COD charges on merchandise purchased for resele 28 Paid $22 for stamps. 28 Reed sorted the petty cash receipts by accounts affected and exchanged them for a cheque to reimburse the fund for expenditures. However, there was only $10 in casa in the furd. In addition, the size of the petty cash fund was increased to Required: 1. Prepare a journal entry to record establishing the petty cash fund.

2. summary of petty cash

sos,est. Required