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Prepare the journal entries for the following petty cash transactions of Methuen Gaming Supplies: Sep. Established a petty cash fund with a $250 balance. 30

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Prepare the journal entries for the following petty cash transactions of Methuen Gaming Supplies: Sep. Established a petty cash fund with a $250 balance. 30 The petty cash fund has $24 in cash and $231 in petty cash tickets that were issued to pay for Office Supplies ($111) and Entertainment Expense ($120). Replenished the fund and recorded the expense5. Increased the balance of the petty cash fund to $300 Oct. 15

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