Problem 8-03A a-b (Part Level Submission) (Video)

Bonita 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 cash custodian for $205.
15		Replenished the petty cash fund by writing a check for $200.30. On this date, the fund consisted of $4.70 in cash and these petty cash receipts: freight-out $92.00, entertainment expense $46.00, postage expense $41.50, and miscellaneous expense $18.90.
16		Increased the amount of the petty cash fund to $320 by writing a check for $115.00.
31		Replenished the petty cash fund by writing a check for $304.40. On this date, the fund consisted of $15.60 in cash and these petty cash receipts: postage expense $138.10, entertainment expense $94.60, and freight-out $70.20.

(a)

Journalize the petty cash transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 2 decimal places, e.g. 52.75.)

Date	Account Titles and Explanation	Debit	Credit