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Sunland Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of August Aug.1 Established the petty cash fund by

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Sunland Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of August Aug.1 Established the petty cash fund by writing a check payable to the petty cash custodian for $215 15 Replenished the petty cash fund by writing a check for $211.20. On this date, the fund consisted of $3.80 in cash and these petty cash receipts: freight-out $96, entertainment expense $47.30, postage expense $41.90, and miscellaneous expense $24.20 16 Increased the amount of the petty cash fund to $305 by writing a check for $90.00. 31 Replenished the petty cash fund by writing a check for $289.20. On this date, the fund consisted of $15.80 in cash and these petty cash receipts; postage expense $139.30, entertainment expense $94.70, and freight-out $53.50. Your answer is partially correct. Post to the Petty Cash account

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