Petty Cash Journal Entries

1. Based on the following petty cash information, prepare (a) the journal entry to establish a petty cash fund, and (b) the journal entry to replenish the petty cash fund. If an amount box does not require an entry, leave it blank. When required, enter amounts in dollars and cents.

On January 1, 20--, a check was written in the amount of $200 to establish a petty cash fund. During January, the following vouchers were written for cash removed from the petty cash drawer:

Voucher No.	Account Debited	Amount
1	Phone Expense	$17.50
2	Automobile Expense	33.00
3	Joseph Levine, Drawing	56.00
4	Postage Expense	12.50
5	Charitable Contributions Expense	15.00
6	Miscellaneous Expense	49.00