chapter 6 number 2

Required information [The following information applies to the questions displayed below.] Fresh Foods established a petty cash fund of $350 on January 2 . On January 31, the fund contained cash of $170.70 and vouchers for the following cash payments. The three distinct accounting events affecting the petty cash fund for the period were (1) establishment of the fund. (2) reimbursements made to employees, and (3) recognition of expenses and replenishment of the fund Assume the company uses the alternative approach to petty cash expense recognition and repienishment. b. Record the events in general journal format. (If no entry is required for a transaction/event, select "No journal entry required" the first account field. Round your answers to 2 decimal places.) Journal entry worksheet Record entry for petty cash fund. Note: Enter debits before credits. Journal entry worksheet Record entry for reimbursements made to employees. Note: Enter debits before credits. Journal entry worksheet Record entry for recognition of expenses and replenishment of the fund. Note: Enter debits before credits