On April 2, Granger Sales decides to establish a $370 petty cash fund to relieve the burden on Accounting.

Required:

(a)	Journalize the establishment of the fund.*
(b)	On April 10, the petty cash fund has receipts for mail and postage of $52, contributions and donations of $13, meals and entertainment of $95, and $209 in cash. Journalize the replenishment of the fund.*
(c)	On April 11, Granger Sales decides to increase petty cash to $170. Journalize this event.*
	*Refer to the Chart of Accounts for exact wording of account titles.

Chart of Accounts

CHART OF ACCOUNTS

Granger Sales

General Ledger

	ASSETS
110	Cash
111	Petty Cash
120	Accounts Receivable
131	Notes Receivable
132	Interest Receivable
141	Merchandise Inventory
145	Office Supplies
151	Prepaid Insurance
181	Land
191	Equipment
192	Accumulated Depreciation

	LIABILITIES
210	Accounts Payable
221	Notes Payable
222	Interest Payable
231	Salaries Payable
241	Sales Tax Payable

	EQUITY
310	Common Stock
311	Retained Earnings
312	Dividends
313	Income Summary

	REVENUE
410	Sales
610	Interest Revenue

	EXPENSES
510	Cost of Merchandise Sold
515	Credit Card Expense
516	Cash Short and Over
520	Salaries Expense
531	Advertising Expense
532	Delivery Expense
533	Insurance Expense
534	Office Supplies Expense
535	Rent Expense
536	Repairs Expense
541	Mail and Postage Expense
542	Contributions and Donations Expense
543	Meals and Entertainment Expense
561	Depreciation Expense
710	Interest Expense

General Journal

Journalize the entries for each of the transactions. Refer to the Chart of Accounts for exact wording of account titles.

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JOURNAL

	DATE	DESCRIPTION	POST. REF.	DEBIT	CREDIT
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