Petty Cash Fund

Prepare journal entries for each of the following:

a. Issued a check to establish a petty cash fund of $550. If an amount box does not require an entry, leave it blank.

	Petty Cash
	Cash

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b. The amount of cash in the petty cash fund is $180. Issued a check to replenish the fund, based on the following summary of petty cash receipts: store supplies, $215 and miscellaneous selling expense, $137. Record any missing funds in the cash short and over account. If an amount box does not require an entry, leave it blank.

	Store Supplies
	Miscellaneous Selling Expense
	Cash Short and Over
	Cash