Petty cash fund entries:

journalize the entries to record the following:

a. check no. 245-13 is issued to establish a petty cash fund of $1,100

b. the amount of cash in the petty cash fund is now $115. check no. 271-13 is issued to replenish the fund based on the following summary of petty cash receipts: office supplies, $164; miscellaneous selling expense, $200; miscellaneous administrative expense, $145. (because the amount of the check to replenish the fund plus the balance in the fund do not equal $1,100. record the discrepancy in the cash short and over account).