Petty Cash Record and Journal Entries

On May 1, a petty cash fund was established for $250.00. The following vouchers were issued during May:

Date	Voucher No.	Purpose	Amount
May 1	1	Postage due	$	3.60
3	2	Office supplies		10.00
5	3	Auto repair (miscellaneous)		43.00
7	4	Drawing (Joy Adams)		26.00
11	5	Donation (Red Cross)		8.00
15	6	Travel expenses		23.00
22	7	Postage stamps		3.60
26	8	Phone call		4.00
30	9	Donation (Boy Scouts)		22.00

Required: 1. Prepare the journal entry to establish the petty cash fund. Page: DATE ACCOUNT TITLE DOC. POST. NO. REF. DEBIT CREDIT 1 20-- May 1 1 2 3 Establish petty cash fund N m + 3 4 4 2. Record the vouchers in the petty cash record. Total each column and determine the balance before replenishing the petty cash fund. Petty Cash Payments For The Month Of May 20-- Distribution of Payments Total Voucher Number Office Supplies Postage Expense Charitable Contributions Expense Phone Expense Travel and Entertainment Miscellaneous Expense Expense Day Description Amount Account Amount 1 Received in fund $ 250.00 1 Postage due 1 3 Office supplies 2 5 Auto repair 3 7 J. Adams, Drawing 4 J. Adams, Drawing 11 Donation (Red Cross) 5 15 Travel expenses 6 22 Postage stamps 7 26 Phone call 8 30 Donation (Boy Scouts) 9 31 Balance $ 31 Replenished Fund Total 3. Prepare the journal entry to replenish the petty cash fund. Then record the amount in the petty cash record in part 2. Page: DATE ACCOUNT TITLE DOC. POST. NO. REF. DEBIT CREDIT 1 20-- May 31 1 2 2 3 3 4 4 5 5 6 6 7 7 8 8 9 Replenish petty cash fund 9 10 10