Current Attempt in Progress Sunland Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of August. Aug. 1 15 16 31 Established the petty cash fund by writing a check payable to the petty cash custodian for $200. Replenished the petty cash fund by writing a check for $196.70. On this date, the fund consisted of $3.30 in cash and these petty cash receipts: freight-out $93, entertainment expense $47.10, postage expense $43.50, and miscellaneous expense $11.40. Increased the amount of the petty cash fund to $305 by writing a check for $105.00. Replenished the petty cash fund by writing a check for $288.10. On this date, the fund consisted of $16.90 in cash and these petty cash receipts: postage expense $139.80, entertainment expense $92.60, and freight-out $54.60.