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Prepare journal entries for the following petty cash fund transactions: Nov. 1 Established a $75 petty cash fund. 15 Increased the petty cash fund to
Prepare journal entries for the following petty cash fund transactions: Nov. 1 Established a $75 petty cash fund. 15 Increased the petty cash fund to have a new balance of $100. 30 Replenished the petty cash fund. Currency and coins remaining were $30. Approved paid vouchers were: $10 donation expense; $16 postage expense; $30 office supplies expense; and $20 vehicle expense. Tip: Don't assume there's no cash short or over! How much cash is left? How much should there be? Date Debit Credit
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