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Havermil Company establishes a $300 petty cash fund on September 1 . On September 30. the fund is repleniched. The accumulated receipts on that date

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Havermil Company establishes a $300 petty cash fund on September 1 . On September 30. the fund is repleniched. The accumulated receipts on that date represect $78 for Oifice Supplies, $347 for merchandise inventory, and $27 for miscellaneous expenses. The fund has a balance of $48. On Outober 1 , the accountant determines that the fund should be increased by $60. The journal entry to record the estabishimiont of the furd on September 1 is Mutiole Choice Debt Can 5300, ceet Pettr Cash 3300 Debt Pent Comh 3300 ored Actovess Peyative 5700 Deha Mitceltareous Expente $300, cedat Cash $300 Debit Pety, Cash \$300, ctedr Cach $300 Debt cmar 1700 , crot Actmunts Poyebe 530

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