Kiona Company set up a petty cash fund for payments of small amounts. The following transactions involving the petty cash fund

occurred in May $($the last month of the company's fiscal year$).$

May $1$ Prepared a company check for $$400$ to establish the petty cash fund.

May $15$ Prepared a company check to replenish the fund for the following expenditures made since May $1.$

May $15$ a$.$ Paid $$124\mathrm{.}80$ for janitorial expenses.

May $15$ b$.$ Paid $$101\mathrm{.}88$ for miscellaneous expenses.

May $15$ c$.$ Paid postage expenses of $$69\mathrm{.}60.$

May $15$ d$.$ Paid $$91\mathrm{.}44$ to Facebook for advertising expense.

May $15e.$ Counted $$30\mathrm{.}68$ remaining in the petty cashbox.

May $16$ Prepared a company check for $$200$ to increase the fund to $$600.$

May $31$ The petty cashier reports that $$411\mathrm{.}19$ cash remains in the fund. A company check is drawn to replenish the fund for the

following expenditures made since May $15.$

May $31f.$ Paid postage expenses of $$64\mathrm{.}48.$

May $31g.$ Reimbursed the office manager for mileage expense, $$51\mathrm{.}33.$

May $31$ h$.$ Paid $$53\mathrm{.}00$ in delivery expense for products to a customer, terms FOB destination.

May $31$ The company decides that the May $16$ increase in the fund was too large. It reduces the fund by $$50,$ leaving a total of $$550.$

Required:

Prepare journal entries to establish the fund on May $1,$ to replenish it on May $15$ and on May $31,$ and to reflect any increase or decrease

in the fund balance on May $16$ and May $31.$

Note: Round your answers to $2$ decimal places.

Journal entry worksheet

$1$

$2$

$3$

$4$

$5$

Prepared a company check to replenish the fund for the expenditures made

since May $1.$ please help me$,$ i am run of of time. thank you