Bonita Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of August. Aug 1 15 Established the petty cash fund by writing a check payable to the petty cash custodian for $215. Replenished the petty cash fund by writing a check for $211.20. On this date, the fund consisted of $3.80 in cash and these petty cash receipts: freight-out $94, entertainment expense $45.90, postage expense $41.40, and miscellaneous expense $28.00 Increased the amount of the petty cash fund to $320 by writing a check for $105.00. Replenished the petty cash fund by writing a check for $304.30. On this date, the fund consisted of $15.70 in cash and these petty cash receipts: postage expense $142.00, entertainment expense $93.80, and freight-out $67.30. 16 31 Post to the Petty Cash account. Petty Cash V