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Prepare journal entries for each of the following: a. Issued a check to establish a petty cash fund of $850. If an amount box
Prepare journal entries for each of the following: a. Issued a check to establish a petty cash fund of $850. If an amount box does not require an entry, leave it blank. 38 b. The amount of cash in the petty cash fund is $290. Issued a check to replenish the fund, based on the following summary of petty cash receipts: store supplies, $325 and miscellaneous selling expense, $207. Record any missing funds in the cash short and over account. If an amount box does not require an entry, leave it blank. Accounts Payable Cash Cash Short and Over Miscellaneous Selling Expense Petty Cash Store Supplies
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