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T. L. Jones Trucking Services establishes a petty cash fund on April 3 for $500. By the end of April, the fund has a cash

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T. L. Jones Trucking Services establishes a petty cash fund on April 3 for $500. By the end of April, the fund has a cash balance of $413. The company has also issued a credit card and authorized its office manager to make purchases. Expenditures for the month include the following items: Utilities (credit card) Entertainment (petty cash) Stamps (petty cash) Plumbing repair services (credit card) $127 36 51 Required 1. Record the establishment of the petty cash fund on April 3 2. Record credit card expenditures during the month. The credit card balance is paid in full on April 30 3. Record petty cash expenditures during the month (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Answer is not complete. Date Debit No Credit General Journal 500 Petty Cash April 03 500 Cash 127 2 April 30 Utilities Expense 51 Postage Expense Repairs and Maintenance Expense Entertainment Expense 36 87 Petty Cash 87 April 30 Petty Cash Cash 87

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