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Petty Cash Fund Prepare journal entries to record the following transactions: A. Established a petty cash fund of P4,000. B. The amount of cash in

Petty Cash Fund
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Prepare journal entries to record the following transactions: A. Established a petty cash fund of P4,000. B. The amount of cash in the petty cash fund is now P367. Replenished the petty cash fund based on the following summary of petty cash vouchers: transportation fare, P744 office supplies, P2,086 miscellaneous, P795 C. The amount of petty cash fund was increased to P5,000

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