Saved es Problem 7-3A Petty cash fund reimbursement and analysis of errors LO4 Capital Irrigation has only a General Journal in its accounting system and uses it to record all transactions. However, the company recently set up a petty cash fund to facilitate payments of small items. The following petty cash transactions were noted by the petty cashier as occurring during April 2023: Apr. 1 Received a company cheque for $280 to establish the petty cash fund. 15 Received a company cheque to replenish the fund for the following expenditures made since April 1 and to increase the fund to $360. a. Paid $73 for janitorial service. b. Purchased office supplies for $72. c. Purchased postage stamps for $24. d. Paid $91 to The County Crier for an advertisement in the newspaper. e. Discovered that $23 remained in the petty cash box. 30 The petty cashier noted that $209 remained in the fund and decided that the April 15 increase in the fund was too large. Therefore, a company cheque was issued to replenish the fund for the following expenditures made since April 15 and to reduce the fund to $320. f. Purchased office supplies for $90. g. Reimbursed office manager for business auto, $44. h. Paid $17 courier charges to deliver merchandise to a customer. Prepare journal entries to record the establishment of the fund on April 1 and its replenishments on April 15 and April 30. View transaction list eBook View transaction list Journal entry worksheet < 1 2 3 Print References Record to establish fund. Note: Enter debits before credits. Date April 01, 2023 General Journal Debit Credit Petty cash 280 Cash 280 Clear entry View general journal Record entry Journal entry worksheet 3 < Print References Record to reimburse fund and increase it by $80. Note: Enter debits before credits. Date General Journal Debit Credit April 15, 2023 Janitorial expense 73 72 Office supplies expense 24 Postage expense 91 Advertising expense Petty cash Cash over and short Cash eBook Print Journal entry worksheet < 1 2 3 References Record to reimburse fund and decrease it by $40. Note: Enter debits before credits. Date April 30, 2023 General Journal Debit Credit Record entry Clear entry View general journal 234 < Prev 8 of 27 Next >