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The petty cash fund was established on June 12, 2019 in the amount of $250. Expenditures from the fund by the custodian as of
The petty cash fund was established on June 12, 2019 in the amount of $250. Expenditures from the fund by the custodian as of June 30, 2019, were evidenced by approved receipts for the following. Advertising Expense Delivery Expense Maintenance Expense Miscellaneous Expense Postage Expense Supplies Expense $19.60 $51.98 $37.51 $14.07 $26.79 $58.05 On June 30, 2019, the petty cash fund was replenished and increased to $280; currency and coin in the fund at that time totaled $40.50. Do not enter dollar signs or commas in the input boxes. a) Record the journal entry on June 12 to establish the petty cash fund. Date Account Title and Explanation 2019 Jun 12 Set up the petty cash fund Debit Credit
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