Problem 3-03A -b (Video) Crane Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of August. Aug. 1 Established the petty cash fund by writing a check payable to the petty the custodian for $200 15 hudbywong a check for $197.00. On this date the fund te of $3.00 in cash and these petty cash recipes freight-out $92.00, entertainment expense $45.00, postage expense $40.00, and is an expense $19.00. 16 Increased the amount of the petty cash and to $300 by writing a check for $100.00 31 Replenished the petty cash fund by writing a check for $254.10. O this date, the find consisted of $15.50 in cash and these petty cash receipts postage expense $138.00, entertainment expense $92.00, and fright-out $53.50 Journal the petty cash transactions (Cedact 2 decimal places,.g. 52.75.) a re matally indeed when amount is entered. Do not indest y . Round answers Date Accounts and Explanation Stro o command option Cash Over and Short Aug. 16 : Petty Cash Aug 31 Postage Expense Entertainment Expense Freight-Out Cash Over and Short Cash LINK TO TEXT Post to the Petty Cash account. (Post entries in the order of journal entries presented in the previous part) Petty Cash