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Kingbird Company established a petty cash fund on May 1 for $105. The company reimbursed the fund on June 1 and July 1 with the
Kingbird Company established a petty cash fund on May 1 for $105. The company reimbursed the fund on June 1 and July 1 with the following results. On July 10, Kingbird increased the fund from $105 to $135. Prepare journal entries for Kingbird Company for May 1, June 1, July 1, and July 10. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round answers to 2 decimal places, e.g. 52.75.)
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