The following petty cash transactions of Lexite Laminated Surfaces occurred in August:

Aug 1 Established a petty cash fund with a $300 balance.

31 The petty cash fund has $29 in cash and $284 in petty cash tickets that were issued to pay for Office supplies ($104) and Entertainment expense ($180). Replenished the fund with $271 of cash and recorded the expense.

Requirement R1. Prepare journal entries without explanations