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ournalize the entries to record the following: Required: a. On March 1, check is issued to establish a petty cash fund of ( $ 1,290
ournalize the entries to record the following: Required: a. On March 1, check is issued to establish a petty cash fund of \\( \\$ 1,290 \\). * b. On April 1, The amount of cash in the petty cash fund is now \\( \\$ 303 \\). Check is issued to replenish the fund, based on the following summary of petty cash receipts: office supplies, \\( \\$ 427 \\); miscellaneous selling expense, \\( \\$ 365 \\); miscellaneous administrative expense, \\$165. If the amount of the check to replenish the fund plus the balance in the fund do not equal \\$1,290, record the discrepancy in the cash short and over account. * *Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered
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