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Allarco Inc. established a $ 2 4 0 . 0 0 petty cash fund on November 3 , 2 0 2 4 . On November

Allarco Inc. established a $240.00 petty cash fund on November 3,2024. On November 30,2024, the fund was reimbursed and decreased by $150.00 when it had $30.00 remaining in cash and receipts for these expenditures: staff events, $33.00 ; delivery expense, $61.75 ; lunch, $56.25 ; and repairs, $63.43. Original Petty Cash Fund Staff Events Delivery Expense Lunch Repairs Total Expenses Cash that should be remaining Cash actually remaining Cash over amount Amount fund is being reduced by. New amount for Petty Cash fund Amount needed to reimburse fund Obviously we just ignore that cash over amount and start again.

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