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*Problem 8-2A Forney Company maintains a petty cash fund for small expenditures. The following transactions occurred over a 2- month period. July 1 Established petty
*Problem 8-2A Forney Company maintains a petty cash fund for small expenditures. The following transactions occurred over a 2- month period. July 1 Established petty cash fund by writing a check on Scranton Bank for $215. 15 Replenished the petty cash fund by writing a check for $211.80. On this date the fund consisted of $3.20 in cash and the following petty cash receipts: freight-out $96.00, postage expense $41.10, entertainment expense $48.90, and miscellaneous expense $24.80 31 Replenished the petty cash fund by writing a check for $206.10. At this date, the fund consisted of $8.90 in cash and the following petty cash receipts: freight-out $80.90, charitable contributions expense $44.30, postage expense $55.60, and miscellaneous expense $25.30. Aug. 15 Replenished the petty cash fund by writing a check for $200.60. On this date, the fund consisted of $14.40 in cash and the following petty cash receipts: freight-out $76.10, entertainment expense $44.00, postage expense $31.60, and miscellaneous expense $50.20. 16 Increased the amount of the petty cash fund to $310 by writing a check for $95. 31 Replenished the petty cash fund by writing a check for $293.10. On this date, the fund consisted of $16.90 in cash and the following petty cash receipts: postage expense $138.90, travel expense $96.50, and freight-out $56.40 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 July 15
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