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Crane Company established a petty cash fund on May 1 , cashing a check for $ 1 0 0 . 0 0 . The company

Crane Company established a petty cash fund on May 1, cashing a check for $100.00. The company reimbursed the fund on June 1 and
July 1 with the following results.
June 1: Cash in fund
$4.50.
July 1: Cash in fund $3.00.
Receipts: delivery expense $26.25, postage expense $36.25, and miscellaneous expense $33.00.
Receipts: delivery expense $18.75, entertainment expense $46.25, and miscellaneous expens
$32.00.
On July 10, Crane increased the fund from $100.00 to $130.
Prepare journal entries for Crane Company for May 1, June 1, July 1, and July 10.(Credit account titles are automatically indented when
amount is entered. Do not indent manually. Round answers to 2 decimal places, e.g.52.75. Record journal entries in the order presented in the
problem.)
Date
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