ACME Corporation created a $$500$ petty cash fund on December $1,2023.$ On March $16,2024$ the petty cash fund was replenished and decreased to $$350.$ The contents of the petty cash fund on March $16$ prior to the replenishment were:

Cash remaining

$$145$

Receipts for the following expenses:

Postage

$197$

Vehicle Maintenance & Repairs

$149$

Required:

Prepare the general journal entries to record the replenishment and the decreasing of the fund on March $16.(5$ marks$)$

Paragraph

B

I

$U_{?}$

A

:I$$

$6$

$...$

GENERAL JOURNAL

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