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Oriole Company designated Alexa Kidd as petty cash custodian and established a petty cash fund of $400. The fund is reimbursed when the cash in

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Oriole Company designated Alexa Kidd as petty cash custodian and established a petty cash fund of $400. The fund is reimbursed when the cash in the fund is at $58. Petty cash receipts shows that funds were disbursed for $160 of supplies and $181 of freight charges on inventory purchases. Prepare the entries that are necessary to record following independent transactions. Assume that Oriole decides to increase the size of the petty cash fund to $600 immediately after the reimbursement. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit e Textbook and Media List of Accounts Assume that Oriole decides to reduce the size of the petty cash to $240 immediately after the reimbursement (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit

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