Knowledge Check

Seal Mate established a $$100$ petty cash fund on June $1.$ On June $30,$ the fund had $$17$ cash and petty cash receipts for postage $$25,$ and tolls and parking $$60.($List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.$)$

Prepare the entry on June $1$ to establish the fund.

Date Account Titles and Explanation

Debit

Credit

Jun. $1$

Prepare the entry on June $30$ to replenish the fund.

List of Accounts

Attempts: $0$ of $3$ used