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Tamarisk, Inc. maintains a petty cash fund for small expenditures. These transactions occurred during the month of August. Aug. 1 15 Established the petty cash

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Tamarisk, Inc. maintains a petty cash fund for small expenditures. These transactions occurred during the month of August. Aug. 1 15 Established the petty cash fund by writing a check payable to the petty cash custodian for $200.00. Replenished the petty cash fund by writing a check for $195.50. On this date, the fund consisted of $4.50 in cash and these petty cash receipts: freight-out $73.60, entertainment expense $36.70, postage expense $32.80, and miscellaneous expense $51.00. Increased the amount of the petty cash fund to $440,00 by writing a check for $240.00 Replenished the petty cash fund by writing a check for $325.00. On this date, the fund consisted of $115 in cash and these petty cash receipts: postage expense $144.00, entertainment expense $93.00, and freight-out $86.00. 16 31 Post to the Petty Cash account. (Round answers to 2 decimal places, e.g. 52.75.) Petty Cash 8/1 200 8/1 200 8/16 240 8/16 V 240 8/31 Bal 440 8/31 440

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