question24

Petty Cash Fund Prepare journal entries for each of the following: a. Issued a check to establish a petty cash fund of $750. If an amount box does not require an entry, leave it blank. b. The amount of cash in the petty cash fund is $260. Issued a check to replenish the fund, based on the following summary of petty cash receipts: store supplies, $287 and miscellaneous selling expense, $181. Record any missing funds in the cash short and over account. If an amount box does not require an entry, leave it blank