E5-24 Recording petty cash fund transactions Obj.6 Illustrate the effect on the accounts and financial statements of the following transactions: a. Established a petty cash fund of $750. b. The amount of cash in the petty cash fund is now $140. Replenished the fund based on the following summary of petty cash receipts: office supplies, $325: miscellaneous selling expense, $200; miscellaneous administrative expense $85