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Exercise 8-7 Setterstrom Company established a petty cash fund on May ? cashing a deck for $100 the company rer bursed the fund on une

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Exercise 8-7 Setterstrom Company established a petty cash fund on May ? cashing a deck for $100 the company rer bursed the fund on une i and My i with the folomensut June 1: Cash in fund $2.55. Receipts: delivery expense $27.05, postage expense $38.30, and miscellaneous expense $29.90 July 1: Cash in fund $4.05. Receipts: delivery expense $22.50, entertainment expense $47.5o, and miscellaneous expense $25.95 On July 10, Setterstrom increased the fund from $100 to $130. Prepare journal entries for Setterstrom Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 2 decimal places,e.g. 52.7S Date Account Titles and Explanation Debit Credit June 1 July 1

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