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please help! 1) Blake's Shotgun Manufacturing Company guarantees that their guns will cause the ducks to quack up. This company set up a petty cash
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1) Blake's Shotgun Manufacturing Company guarantees that their guns will cause the ducks to "quack up". This company set up a petty cash fund on November 1, 2021. Following are the transactions that they had regarding the fund during the month of November, Prepare all the necessary journal entries. November 1 - Established a petty cash by writing a check for $100 November 15 - Replenished the petty cash by writing a check for $97. On this date, the petty cash fund had $3 of cash. They had the following receipts Postage $39; Electricity to charge the Tesla $28; Office supplies $21; and $10 for Entertainment. November 16 - Increased the amount in the Petty Cash fund by $100 November 30 -Replenished the Petty Cash Fund by writing a check for $196. On this date, the Petty Cash fund consisted of $4 cash and the following receipts: $102 for postage; $82 for electric for the Tesla; $10 for Entertainment Step by Step Solution
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