Moya Co. establishes a petty cash fund for payments of small amounts. The following transactions involving the petty cash fund occurred in January (the last month of the companys fiscal year).

Jan. 3 A company check for $150 is written and made payable to the petty cashier to establish the petty cash fund.

Jan 14 A company check is written to replenish the fund for the following expenditures made since January 3.

a. Purchased office supplies for $14.29 that are immediately used up.

b. Paid $19.60 COD shipping charges on merchandise purchased for resale, terms FOB shipping point. Moya uses the perpetual system to account for inventory.

c. Paid $38.57 to All-Tech for minor repairs to a computer.

d. Paid $12.82 for items classified as miscellaneous expenses.

e. Counted $62.28 remaining in the petty cash box.

Jan 15 Prepared a company check for $50 to increase the fund to $200.

Jan 31 The petty cashier reports that $17.35 remains in the fund. A company check is written to replenish the fund for the following expenditures made since January 14.

f. Paid $50 to The Smart Shopper for an advertisement in Januarys newsletter.

g. Paid $48.19 for postage expenses.

h. Paid $78 to Smooth Delivery for delivery of merchandise, terms FOB destination.

Jan 31 The company decides that the January 15 increase in the fund was too little. It increases the fund by another $50, leaving a total of $250.