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Question 5 Not yet answered Marked out of 1,00 P Flag question On October 1, 2019, Alex Company establishes an imprest petty cash fund by

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Question 5 Not yet answered Marked out of 1,00 P Flag question On October 1, 2019, Alex Company establishes an imprest petty cash fund by issuing a check for $200 to Marc Zen, the custodian of the petty cash fund. On October 31, 2019, Marc Zen submitted the following paid petty cash receipts for replenishment of the petty cash fund when there is $16 cash in the fund: Freight- In $31 Supplies Expense 27 Entertainment of Clients 56 Postage Expense 29 Instructions Prepare the journal entries required to establish the petty cash fund on October 1 and the replenishment of the fund on October 31

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