Part TwoPetty Cash Fund Reconciliation The Koller Company utilizes a petty cash system for making small payments. Record the journal entries required for the following petty cash transactions completed during June. 1. On June 1, the company treasurer prepared a $675 check payable to petty cash; the cash was given to the custodian. The petty cash fund has a beginning balance of $0

2. Expenditures by the custodian through June 30 were postage $45, office supplies $189, office equipment repairs $45 , coffee room supplies $90, office birthday party $23, and miscellaneous items $45 . The ending fund balance is $239. The fund was replenished on June 30 back to a level of $675

Date	Account	Debit	Credit
June 1	Accounts ReceivableAllowance for Doubtful AccountsBad Debt ExpenseCashCash Over and ShortCoffee Room Supplies ExpenseCost of Goods SoldFinance ExpenseInterest ExpenseInterest ReceivableInterest RevenueLoss on Sale of NoteLoss on Sale of ReceivablesMiscellaneous ExpenseOffice Repair ExpenseOffice Social ExpenseOffice Supplies ExpensePetty CashPostage ExpenseReceivable from FactorN/A
	Accounts ReceivableAllowance for Doubtful AccountsBad Debt ExpenseCashCash Over and ShortCoffee Room Supplies ExpenseCost of Goods SoldFinance ExpenseInterest ExpenseInterest ReceivableInterest RevenueLoss on Sale of NoteLoss on Sale of ReceivablesMiscellaneous ExpenseOffice Repair ExpenseOffice Social ExpenseOffice Supplies ExpensePetty CashPostage ExpenseReceivable from FactorN/A
	To establish petty cash fund
June 30	Accounts ReceivableAllowance for Doubtful AccountsBad Debt ExpenseCashCash Over and ShortCoffee Room Supplies ExpenseCost of Goods SoldFinance ExpenseInterest ExpenseInterest ReceivableInterest RevenueLoss on Sale of NoteLoss on Sale of ReceivablesMiscellaneous ExpenseOffice Repair ExpenseOffice Social ExpenseOffice Supplies ExpensePetty CashPostage ExpenseReceivable from FactorN/A
	Accounts ReceivableAllowance for Doubtful AccountsBad Debt ExpenseCashCash Over and ShortCoffee Room Supplies ExpenseCost of Goods SoldFinance ExpenseInterest ExpenseInterest ReceivableInterest RevenueLoss on Sale of NoteLoss on Sale of ReceivablesMiscellaneous ExpenseOffice Repair ExpenseOffice Social ExpenseOffice Supplies ExpensePetty CashPostage ExpenseReceivable from FactorN/A
	Accounts ReceivableAllowance for Doubtful AccountsBad Debt ExpenseCashCash Over and ShortCoffee Room Supplies ExpenseCost of Goods SoldFinance ExpenseInterest ExpenseInterest ReceivableInterest RevenueLoss on Sale of NoteLoss on Sale of ReceivablesMiscellaneous ExpenseOffice Repair ExpenseOffice Social ExpenseOffice Supplies ExpensePetty CashPostage ExpenseReceivable from FactorN/A
	Accounts ReceivableAllowance for Doubtful AccountsBad Debt ExpenseCashCash Over and ShortCoffee Room Supplies ExpenseCost of Goods SoldFinance ExpenseInterest ExpenseInterest ReceivableInterest RevenueLoss on Sale of NoteLoss on Sale of ReceivablesMiscellaneous ExpenseOffice Repair ExpenseOffice Social ExpenseOffice Supplies ExpensePetty CashPostage ExpenseReceivable from FactorN/A
	Accounts ReceivableAllowance for Doubtful AccountsBad Debt ExpenseCashCash Over and ShortCoffee Room Supplies ExpenseCost of Goods SoldFinance ExpenseInterest ExpenseInterest ReceivableInterest RevenueLoss on Sale of NoteLoss on Sale of ReceivablesMiscellaneous ExpenseOffice Repair ExpenseOffice Social ExpenseOffice Supplies ExpensePetty CashPostage ExpenseReceivable from FactorN/A
	Accounts ReceivableAllowance for Doubtful AccountsBad Debt ExpenseCashCash Over and ShortCoffee Room Supplies ExpenseCost of Goods SoldFinance ExpenseInterest ExpenseInterest ReceivableInterest RevenueLoss on Sale of NoteLoss on Sale of ReceivablesMiscellaneous ExpenseOffice Repair ExpenseOffice Social ExpenseOffice Supplies ExpensePetty CashPostage ExpenseReceivable from FactorN/A
	Accounts ReceivableAllowance for Doubtful AccountsBad Debt ExpenseCashCash Over and ShortCoffee Room Supplies ExpenseCost of Goods SoldFinance ExpenseInterest ExpenseInterest ReceivableInterest RevenueLoss on Sale of NoteLoss on Sale of ReceivablesMiscellaneous ExpenseOffice Repair ExpenseOffice Social ExpenseOffice Supplies ExpensePetty CashPostage ExpenseReceivable from FactorN/A
	To record replenishment of the petty cash fund