Learning objective 4P7-25A Accounting for petty cash transactions On June 1, Fab Salad Dressings creates a petty cash fund with an imprest balance of $300. During June, Al Franklin, the fund custodian, signs the following petty cash tickets: 3. June 30, Cash CR $210 Petty Cash Ticket Number 101 102 103 104 105 Item Office supplies Cab fare for executive Delivery of package across town Business dinner Merchandise inventory Amount $ 30 20 50 40 90 On June 30, prior to replenishment, the fund contains these tickets plus cash of $90 The accounts affected by petty cash payments are Office Supplies, Travel Expense, Delivery Expense, Entertainment Expense, and Merchandise Inventory Learning objective 4P7-25A Accounting for petty cash transactions On June 1, Fab Salad Dressings creates a petty cash fund with an imprest balance of $300. During June, Al Franklin, the fund custodian, signs the following petty cash tickets: 3. June 30, Cash CR $210 Petty Cash Ticket Number 101 102 103 104 105 Item Office supplies Cab fare for executive Delivery of package across town Business dinner Merchandise inventory Amount $ 30 20 50 40 90 On June 30, prior to replenishment, the fund contains these tickets plus cash of $90 The accounts affected by petty cash payments are Office Supplies, Travel Expense, Delivery Expense, Entertainment Expense, and Merchandise Inventory