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Prepare Joumal entries for all of the following: On May 1, Kelly & Company decided to set up a petty cash fund for Dh 1,700.

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Prepare Joumal entries for all of the following: On May 1, Kelly \& Company decided to set up a petty cash fund for Dh 1,700. a During the month, Kelly \& Company paid out the following expenses from petty cash: c. May 31, there was Dh 150 left in the petty cash box. Kelly \& Company replenished the petty cash fund and decided to reduce the amount in the petty to Dh 1,600

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