Instructions During March, Anderson Company engaged in the following transactions involving its petty cash fund: March Transactions: Mar. 1 4 Anderson Company established the petty cash fund by issuing a check for $1,800 to the fund custodian. The custodian paid $100 out of petty cash for freight charges on new equipment. This amount is properly classified as equipment The custodian paid $190 out of petty cash for supplies. Anderson expenses supplies purchases as supplies expense. The custodian paid $30 out of petty cash for express mail services for reports sent to the Environmental Protection Agency. This is considered a miscellaneous expense. The custodian filed a claim for reimbursement of petty cash expenditures during the month totaling $320. Anderson issued a check for $320 to the custodian, replenishing the fund for expenditures during the month. 25 31 Required: Prepare any Journal entries required to record the petty cash account transactions that occurred during the month of March General Journal General Journal Instructions GENERAL JOURNAL BALANCE SHEET INCOME STATEMENT DATE ACCOUNT TITLE POST. REF. DEBIT CREDIT ASSETS General Journal PAGE 1 JOURNAL ALANCE SHEET INCOME STATEMENT IMPACT ON FINANCIAL STATEMENTS DEBIT CREDIT POST. REF. ASSETS LIABILITIES EQUITY REVENUE EXPENSES NET INCOME