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

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Sunland Compary maintains a petty cash fund for small expenditures. These transactions occurred during the month of August: Aug. 1 Established the petty cash fund by writinga check payable to the petty cash custodian for $200. 15 Replenished the petty cash fund by writing a check for $196.70. On this date, the fund consisted of 5330 in cash and these petty cash receipts: freight-out $93, entertainment expense $47.10, postage expense $43.50. and miscellaneous expense 511.40. 16 Increased the amount of the petty cash fund to $305 by writire a check for $10500. 31 Replenished the petty cash fund by writing a check for $288,10. On this date, the fund consisted of $1690incash and these petty cashreceipts: postage expense $139.80. entertainment expense $92.60, and freight, out $54,60. Post to the Petty Cash account

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