Question $12$ of $18$

Lily Company established a petty cash fund on May $1,$ cashing a check for $$115.$ The company reimbursed the fund on June $1$ and July $1$ with the following results.

June $1$: Cash in fund $$2\mathrm{.}65.$

July $1$: Cash in fund $$3\mathrm{.}35.$

Receipts: delivery expense $$30\mathrm{.}90,$ postage expense $$38\mathrm{.}20,$ and miscellaneous expense $$40\mathrm{.}85.$

Receipts: delivery expense $$24\mathrm{.}30,$ entertainment expense $$48\mathrm{.}25,$ and miscellaneous expense $$39\mathrm{.}10.$

On July $10,$ Lily increased the fund from $$115$ to $$145.$

Prepare journal entries for Lily Company for May $1,$ June $1,$ July $1,$ and July $10.($List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to $2$ decimal places, eg$.52\mathrm{.}75.)$

Date

Account Titles and Explanation

Account Titles and Explanation

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Debit

Credit