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initial petty =$450 Petty Cash Ticket Number Item Amount Postage for package received Office party Two boxes of stationery Printer cartridges Business dinner $ 35

image text in transcribedimage text in transcribed initial petty =$450

Petty Cash Ticket Number Item Amount Postage for package received Office party Two boxes of stationery Printer cartridges Business dinner $ 35 15 30 25 80 2 4 1. On June 30, how much cash should this petty cash fund hold before it is 2. Journalize all required entries to (a) create the fund and (b) replenish it. 3. Make the entry on May 1 to increase the fund balance to $550. Include an replenished? Include explanations. explanation. Petty Cash Ticket Number Item Amount Postage for package received Office party Two boxes of stationery Printer cartridges Business dinner $ 35 15 30 25 80 2 4 1. On June 30, how much cash should this petty cash fund hold before it is 2. Journalize all required entries to (a) create the fund and (b) replenish it. 3. Make the entry on May 1 to increase the fund balance to $550. Include an replenished? Include explanations. explanation

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