suppose that on june 1, cool gyrations, a disc jockey service, creates a petty cash fund with an imprest balance of $300. during june, sunny lewis, fund custodian, signs the following petty cash tickets

on june 30, prior to replenishment, the fund contains these tickets plus cash of $134. the accounts affected by petty cash payments are office supllies, entertainment expense, and postage expense

Date Accounts and explanation Dobit Credit Jun 30 Requirement 3. Make the entry on May to increase the fund balance to $325. Include an explanation Record debits Srst the credits. Select the explanation on the last line of the many table Date Accounts and Explanation Debit Credit May 1 Choose from any list or enter any number in the input fields and then continue to the next question DSC d DU d: I % 5 3 4 6 7 8 9 W m R T Y 1 e A S D F G H J d hold before it's replenished? (b) repleni pation on the last i Data Table ebit Petty Cash Ticket Number Item Amount Ticket No. 1 $ 35 Ticket No. 2 15 Ticket No. 3 Postage for package received Office party Two boxes of stationery Printer cartridges Business dinner 30 Ticket No. 4 20 urnal entry Ticket No. 5 60 ebit Print Done Question Help Suppose that on June 1. Cool Gyrations, a disc jockey service, creates a petty cash fund with an imprest balance of $300 During June, Sunny Lewis, fund custodian, signs the following petty cash fickets: (Click the icon to view the petty cash tickets.) On June 30, prior to replenishment, the fund contains these tickets plus cash of $134. The accounts affected by petty cash payments are Office Supplies, Entertainment Expense, and Postage Expense. Read the requirements Requirement 1. On June 30, how much cash should this petty cash fund hold before it's replenished? Before replenishment, the petty cash fund should hold cash of Requirement 2. Journalize all required entries to (a) create the tund and (b) replenish it include explanations (Record debits first, then, credits. Select the explanation on the last line of the journal entry table.) Journalize the creation of the fund. Date Accounts and Explanation Debit Credit Jun. 1 . Choose from any list or enter any number in the input fields and then continue to the next question Perive Present... Min Wage E tv N A od DD DI FA 4 F10 F9 11 512 & 1 7 8 ( 9 + 11 0 - delet Expense, and Postage Expense. Read the requirements. Journalize the replenishment of the fund. (Prepare a single compound journal entry) Date Accounts and Explanation Debit Credit Jun. 30 Requirement 3. Make the entry on May 1 to increase the fund balance to $325. Include an explanation (Record debits first, then, credits. Select the explanation on the last line of the journal entry table.) Date Accounts and Explanation Debit Credit May 1 Choose from any list or enter any number in the input fields and then continue to the next question. Persuasive Present... Min Wage Requirement 3. Make the entry on May 1 to increase the fund balance to $325. Include an explanation. (Record debits first, then, credits. Select the explanation on the last line of the journal entry table.) Date Accounts and Explanation Debit Credit May 1 Choose from any list or enter any number in the input fields and then continue to the next question. Persuasive Present...Min Wage CH 00 i Requirements 1. On June 30, how much cash should this petty cash fund hold before it is replenished? 2. Journalize all required entries to (a) create the fund and (b) replenish it. Include explanations. 3. Make the entry on May 1 to increase the fund balance to $325. Include an explanation. Print Done laminant of the find /Dronninna namnarindinimalanta any list or enter any number in the input fields and then continue to the next question. Data Table Petty Cash Ticket Number Amount 1. Itam Postage for package received Ticket No. 1 $ 35 2. Ticket No. 2 15 Office party Two boxes of stationery 3. Ticket No. 3 30 Ticket No. 4 Printer cartridges 20 Ticket No. 5 Business dinner 60 Print Done