Current Attempt in Progress

Sheridan Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of August.

Aug. $1$ Established the petty cash fund by writing a check payable to the petty cash custodian for $$225.$

$15$ Replenished the petty cash fund by writing a check for $$220\mathrm{.}30.$ On this date, the fund consisted of $$4\mathrm{.}70$ in cash and

these petty cash receipts: freight$-$out $$96,$ entertainment expense $$48\mathrm{.}70,$ postage expense $$41\mathrm{.}70,$ and miscellaneous

expense $$32\mathrm{.}50.$

$16$ Increased the amount of the petty cash fund to $$325$ by writing a check for $$100\mathrm{.}00.$

$31$ Replenished the petty cash fund by writing a check for $$309\mathrm{.}30.$ On this date, the fund consisted of $$15\mathrm{.}70$ in cash and

these petty cash receipts: postage expense $$139\mathrm{.}80,$ entertainment expense $$96\mathrm{.}40,$ and freight$-$out $$71\mathrm{.}80.$

$($a$)$

Journalize the petty cash transactions. $($List all debit entries before credit entries. Credit account titles are automatically indented when

amount is entered. Do not indent manually. Round answers to $2$ decimal places, e$.$g$.52\mathrm{.}75.)$

Date

Account Titles and Explanation

Debit

Credit