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On February 1, 2021, Mind Games Inc established a $250 petty cash fund. At the end of the month, the fund contained 510 in cash,
On February 1, 2021, Mind Games Inc established a $250 petty cash fund. At the end of the month, the fund contained 510 in cash, as well as receipts for these transactions: 555 for office supplies: 530 for automobile expenses; 5:15 for postage: 565 for delivery charges to a local firm, and $50 for building maintenance REQUIRED: Prepare journal entries without explanations to establish the fund. (2 Marks) 2 reimburse the fund on February 28 (4 Marks) 3. decrease the fund to $100.00 on March 1. (2 Marks) 1. Rragraph BI UA V Prepare journal entry without explanation to establish the petty cash fund. 2 Marks Accounts and Explanations PR Debit Credit Prepare joumal entry without explanation to replenish the petty cash fund on February 26, 2021. Mark Date Accounts and Explanations PR Debit Credit Prepare journal entry without explanation to establish the petty cash fund. 2 Marks Date Accounts and Explanations PR Debit Credit Prepare journal entry without explanation to replenish the petty cash fund on February 28, 2021. 4 Mark Date Accounts and Explanations PR Debit Credit Prepare journal entry without explanation to decrease the petty cash fund to $100.00 on March 1, 2021. 2 Marks Date Accounts and Explanations PR Debit Credit Prepare journal entry without explanation to replenish the petty cash fund on February 28, 2021. 4 Mark Date Accounts and Explanations PR Debit Credit Prepare journal entry without explanation to decrease the petty cash fund to $100.00 on March 1, 2021. 2 Marks Accounts and Explanations Debit Credit Date PR
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