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3 Question 5 (4 points) Prepare the journal entries for the following petty cash transactions of Columbus Auto Company. Omit explanations. 11 12 July 1

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3 Question 5 (4 points) Prepare the journal entries for the following petty cash transactions of Columbus Auto Company. Omit explanations. 11 12 July 1 Established a petty cash fund with a $600 balance 14 15 July 31 17 18 The petty cash fund has $420 in cash and $200 in petty cash tickets that were issued to pay for Office Expense (560) and Repair Expense ($140). Replenished the fund and recorded the expenditures. Decreased the balance of the petty cash fund to $500.. 20 21 Aug. 16 2 23 24 .. Format BIU MacBook Air - GOO 75 2 73 A * # 3 $ 4 % 5 & 7 8 0 9 = ON 2 a 2 E W R. T Y O U F S J G D H L

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