this is required from a company:

#a record the journal entry on March 1 to establish the petty cash fund

#b record the journal entry on March 31 to replenish the fund and increase the fund to $275

the system was established on March 1 with a balance of $250. however, on March 31 there was $70 cash and the following petty cash receipts in the petty cash box.

march 5 supplies $25, deliver charges on out going freight $45 miscellaneous expense $20 taxi free $15 lunch expense $15 supplies $25, freight in perpetual inventory system $35