Pharoah Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of August. Aug. 1 Established the petty cash fund by writing a check payable to the petty cash custodian for $212.00. 15 Replenished the petty cash fund by writing a check for $181.00. On this date, the fund consisted of $31.00 in cash and these petty cash receipts: freight-out $68.40, entertainment expense $30.00, postage expense $27.70 and miscellaneous expense $52.40. Increased the amount of the petty cash fund to $412.00 by writing a check for $200.00 Replenished the petty cash fund by writing a check for $289.00. On this date, the fund consisted of $123.00 in cash and these petty cash recepts: postage expense $140.00, entertainment expense $101.60, and freight-out $46.40 16 31 Debit Credit Date Account Titles and Explanation 212 Aug. 1 Petty Cash 21 Aug. 15 Freight-Out 68.40 30.00 Postage Expense 27.70 Miscellaneous Expense 5240 I Cash 181,01 Aug. 164 Petty Cash 200.00 Cash 200.00 Aug 31 140.00 101.60 Freight-Out 46.40 Cash Over and Short Cash 289.6