Journalized the day's cash sales. Cash register tapes show a $4,875 total but the cash in the register is $4,885. The petty cash fund had $56.50 in cash and $134.00 in petty cash tickets issued to pay for office supplies ($21.00), delivery expenses ($69.50), and entertainment expenses ($43.50). Replenished the fund. 2 Exercise 8-21 1. Explain how an imprest petty cash system works. 2. Atlantic Press maintains an of Gladys Yu. At November 30, the fund holds $80 cash and petty cash tickets for $140 of office supplies and $100 of delivery expenses. Journalize (a) the establishment of the petty cash fund on November 1 and (b) the replen- ishment of the fund on November 30. imprest petty cash fund of $300, which is under the control Prepare a T-account for Petty Cash and post to the account. What is Petty Cash's balance at all times? 3. Exercise 8-22 Maritime Distributors created a $500 imprest petty cash fund. During the first month of use, the fund custodian authorized and signed petty cash tickets as shown below Ticket No Item 10 Jun. 1 Established a petty Journalized the day but the cash in the 2 10 The petty cash fun issued to pay for o entertainment exp Exercise 8-21 Control over petty cash 1. Explain how an imprest petty ca 5 2. Atlantic Press maintains an im of Gladys Yu. At November 30, office supplies and $100 of deli Journalize (a) the establishment ishment of the fund on Noveml 3. Petty Cash balance, $300 3. Prepare a T-account for Petty Ca at all times? Journalized the day's cash sales. Cash register tapes show a $4,875 total but the cash in the register is $4,885 The petty cash fund had $56.50 in cash and $134.00 in petty cash tickets issued to pay for office supplies ($21.00), delivery expenses ($69.50), and entertainment expenses ($43.50). Replenished the fund. 2 Exercise 8-21 1. Explain how an imprest petty cash system works. imprest petty cash fund of $300, which is under the control 2. Atlantic Press maintains an of Gladys Yu. At November 30, the fund holds $80 cash and petty cash tickets for $140 of office supplies and $100 of delivery expenses. Journalize (a) the establishment of the petty cash fund on November 1 and (b) the replen- ishment of the fund on November 30. 3. Prepare a T-account for Petty Cash and post to the account. What is Petty Cash's balance at all times? Exercise 8-22 Maritime Distributors created a $500 imprest petty cash fund. During the first month of use the fund custodian authorized and signed petty cash tickets as shown below Ticket No tom 10