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Question 3 Oriole Company maintains a petty cash fund for small expenditures. These transactionss occurred during the month of August. Aug. Established the petty cash
Question 3 Oriole Company maintains a petty cash fund for small expenditures. These transactionss occurred during the month of August. Aug. Established the petty cash fund by writing a check payable to the petty cash custodian for $210.00. 15 Replenished the petty cash fund by writing a check for $180.00. On this date, the fund consisted $31.00, postage expense $28.70 and miscellaneous expense $48.50. 1 & $30.00 in cash and these petty cash receipts: freight-out $69.40, entertainment expense check for $200.00 31 Replenished the petty cash fund by writing a check for $288.00, On this date, the fund consisted expense $105.60, and freight-out $41.40. $122.00 in cash and these petty cash receipts: postage expense $140.00, entertainment (a) Your answer partially correct. Try again. Journalize the petty cash transactions. (Round answers to 2 decimal places, e.g. 52.75. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Date Credit Petty Cash 210.00 Aug. 1 210.00 Cash Cash Over and Short Aug. 15 32.4 Freight-Out 69.40 31.00 Entertainment Expense Pastage Expense 28,70 Miscellaneous Expense 48.50 Cash 180 Aug. 16 Petty Cash 200 Cash 200 Cash Over and Short Aug. 31 87.00 Postage Expense 140.00 Entertainment Expense 105.60 Freight-Out 41.40 Cash 288 (b) YOur answer is partially correct. Try again. Post to the Petty Cash account. (Post entries in the order of journal entries posted in part (a).) Petty Cash 8/1 216 8/16 200 8/31 Bal
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