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Question 1 of 5 -/1 = View Policies Current Attempt in Progress Oriole Company maintains a petty cash fund for small expenditures. These transactions occurred
Question 1 of 5 -/1 = View Policies Current Attempt in Progress Oriole Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of August. Aug. 1 15 Established the petty cash fund by writing a check payable to the petty cash custodian for $225. Replenished the petty cash fund by writing a check for $221.70. On this date, the fund consisted of $3.30 in cash and these petty cash receipts: freight-out $94.00, entertainment expense $45.30. postage expense $43.90, and miscellaneous expense $37.50. Increased the amount of the petty cash fund to $310 by writing a check for $85.00. Replenished the petty cash fund by writing a check for $294.30. On this date, the fund consisted of $15.70 in cash and these petty cash receipts: postage expense $141.10, entertainment expense $94.50, and freight-out $57.00. 16 31 (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.) Debit Credit Date Account Titles and Explanation ^ TOT 5 -71 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, eg. 52.75.) Date Account Titles and Explanation Debit Credit Aug. 1 V V Aug. 15 V Aug. 16 P ch
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