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On October 1,2024, Windsor Company establishes a petty cash fund by issuing a cheque for $305 to Chris Wood, the custodian of the petty cash

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On October 1,2024, Windsor Company establishes a petty cash fund by issuing a cheque for $305 to Chris Wood, the custodian of the petty cash fund. On October 31,2024 , Chris Wood submitted the following paid petty cash receipts for replenishment of the petty cash fund when there is $28 cash in the fund: Prepare the journal entries required to establish the petty cha fund on October 1 and the replenishment of the fund on October 31 The company uses a perpetual inventory system. (Credit account tites are autamaticolly indented when the amount is entered. Da not. Indent manually. List all debit entries before credit entries. Record journal entries in the order presented in the problem. If no entry is required, select 'No Entry' for the account tities and enter O for the amounts.)

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