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Monty, Inc, decided to establish a petty cash fund to help ensure internal control over its small cash expenditures. The following information is available for

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Monty, Inc, decided to establish a petty cash fund to help ensure internal control over its small cash expenditures. The following information is available for the month of April: 1. On April 1, it established a petty cash fund in the amount of $1,000 2. A suminary of the petty cash expenditures made by the petty cash custodian as of April 10 is as follows, The pettycash fund was replenished on April 10. The balance in the fund was $75. 3. The pettrycasty fund balance was increased $1,000 to $1,500 on April 20. Prepare the journal entries torecord transactions related to petty cash for the month of ApriL. Credit account titles are outomatically Indented when the amount is entered. Do not indent marually. If no entry is ronuind, seiect " No Entry" for the occount tities and enter of for the amounts, List all debit entries before credit entries. Record journal en tries in the order presented in the problemul

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