Question 3 [25 points)

Hoken Gorp, completed the following petty cash transactions during Aptl and May in 2014:

April 1: Dew a $300.00 cheque, cashed it, and gave the proceeds and the petty cash box to Tracy Regis, the pelly cashior

April 3: Purchased ottice stationery for $45.65, to be used this month

April 22 : Purchased office file folders, $38.30, to be used this month

April 25 : Paid $41.65 for an advertisement in the newspaper

Apnt 27 : Purchased oftice supplies for $26.50, to be used this month.

Apal 30 : Tracy Regis sorted the petty cash receipts by accounts affected and exchanged them for a chequo to roimburso the fund for exponditures. Thoro was $147.90 in cash in the fund

May 10 : Paid $32.55 for janitorial services

May 17: Reimbursed the manager for business auto, $34.60

May 29 : Paid $25.70 GOD charges on merchandise purchased for resale (assume a porpetual inventory systom).

May 31: Tracy Regis sorted the petty cash receipts by accounts affected and exchanged them for a cheque to reimburse the fund for expenditures. However, there was $210.30 in cash in

the fund. In addition, the size of the potty cash fund was decreased to $200.00.

Prepare three journal entries: one to establish the potty cash fund, the second to record the reimbursement of the fund at the end of the first month, and the last to record the reimbursement

of the fund at the end of the second month. Enter an appropriate description when entering the transactions in the journal. Dates must be entered in the format dd/mmm (i0. January 15

would be 15/Jan)

Guestion 7 [25 pornts] Avres Therchased ofice shoonary for 54565 , to be ureed eres month Pher 25 Pod 541 tis for an adwertserment in the nowspoeer. May 10 piad $32.56 for jundonal services Hay 17 R Rembersod the mansou for business auto, $3460 fay 20 Paid 32570 COD chargen on merchandse purchased for resale (assame a perpetuin inwertory systam? ve fund In aodition, the stie of the pelfy carch fund was cecreased to $70000 Question 3 [25 points] Apri 25 thas $4165 for an advelisenent in the newerpaper May 10 Pad Par 55 for imitoriad services