Exercise# 1 Ursula Company maintains a petty cash fund for small expenditures. The following transactions occurred over a 2-month period. July Established petty cash fund by writing a check on Scranton Bank for $200. 31 Replenished the petty cash fund by writing a check for $192.00. At this date, the fund consisted of $8.00 in cash and the following petty cash receipts: freight-out $82.10, charitable contributions expense $45.00, postage expense $23.50, and miscellaneous expense $39.40. Aug 15 31 Increased the amount of the petty cash fund to $300 by writing a check for $100. Replenished petty cash fund by writing a check for $284.00. On this date, the fund consisted of $16 in cash and the following petty cash receipts: postage expense $141.00, travel expense $95.00, and freight-out $47.00. Exercise# 1 Ursula Company maintains a petty cash fund for small expenditures. The following transactions occurred over a 2-month period. July Established petty cash fund by writing a check on Scranton Bank for $200. 31 Replenished the petty cash fund by writing a check for $192.00. At this date, the fund consisted of $8.00 in cash and the following petty cash receipts: freight-out $82.10, charitable contributions expense $45.00, postage expense $23.50, and miscellaneous expense $39.40. Aug 15 31 Increased the amount of the petty cash fund to $300 by writing a check for $100. Replenished petty cash fund by writing a check for $284.00. On this date, the fund consisted of $16 in cash and the following petty cash receipts: postage expense $141.00, travel expense $95.00, and freight-out $47.00