Ernest Company uses an imprest petty cash system. The fund was established on March 1 with a

balance of $200. During March the following petty cash receipts were found in the petty cash box.

Receipt

Date

No.

For

Amount

3/5

1

Stamp Inventory

$76

7

2

Freight-Out

42

9

3

Miscellaneous Expense

22

11

4

Travel Expense

44

14

5

Miscellaneous Expense

10

I need help on how to do the cash over and short? I am confused on how to get the answer