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4 Imprest (Petty Cash) Transaction P5. A small company maintains a perty cash fund for minor expenditures. The following transactions occurred in June and July

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4 Imprest (Petty Cash) Transaction P5. A small company maintains a perty cash fund for minor expenditures. The following transactions occurred in June and July 2014: a. The fund was established in the amount of $600.00 on June I from the proceeds of check no, 30 . b. On June 30 , the petry cash fund had cash of $92.76 and the following receipts on hand: postage, $240.00; supplies, $149.64; delivery service, $74.40; and rubber stamp, $43.20. Check no. 2577 was drawn to replenish the fund. c. On faly 31 , the petty cash fund had eash of $132.36 and the following receipts on hand: postage, $205.20; supplies, $197.04; and delivery service, $38.40. The petty (Cimtinued) Chapter aicanb and internar Control wash custodiait conld not account for the shortage. Chicck no. 1628 was written to reprienish the find REQUIRED concolling these espenditura

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