Magnolia Company has established a petty cash fund for small expenditures. The following transactions have occurred during the current year:

June 5 Established a $200 petty cash fund with cash withdrawn from the company checking account.

30 The petty cash fund has $10 remaining and is replenished. Expenditures for June were $60 for supplies, $50 for meals, $65 for postage, and $20 for freight in.

July 31 The petty cash fund has $20 remaining and is replenished. Expenditures for July were $55 for postage, $40 for meals, $56 for supplies, and $25 for freight in.

REQUIRED:

prepare the entries for the above transactions. (Omit explanations.)