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Transactions for Petty Cash, Cash Short and Over Wyoming Restoration Company completed the following selected transactions during July 20Y1: July 1. Established a petty cash
Transactions for Petty Cash, Cash Short and Over Wyoming Restoration Company completed the following selected transactions during July 20Y1: July 1. Established a petty cash fund of $720. 12. The cash sales for the day, according to the cash register records, totaled $10,725. The actual cash received from cash sales was $10,764. 31. Petty cash on hand was $55. Replenished the petty cash fund for the following disbursements, each evidenced by a petty cash receipt: July 3. Store supplies, $79. July 7. Express charges on merchandise sold, $115 (Delivery Expense). July 9. Office supplies, $50. July 13. Office supplies, $58. July 19. Postage stamps, $60 (Office Supplies). July 21. Repair to fax, $144 (Miscellaneous Administrative Expense). July 21. Repair to office file cabinet lock, $50 (Miscellaneous Administrative Expense). July 22. Postage due on special delivery letter, $39 (Miscellaneous Administrative Expense). July 24. Express charges on merchandise sold, $58 (Delivery Expense). July 30. Office supplies, $20. 31. The cash sales for the day, according to the cash register records, totaled $23,461. The actual cash received from cash sales was $23,446. 31. Decreased the petty cash fund by $180. Required: Journalize the transactions. For a compound transaction, if an amount box does not require an entry, leave it blank. 20Y1, July 1 Petty Cash 720 Cash 720 July 12 Cash Cash Short and Over Sales July 31-Replenish Store Supplies Delivery Expense Office Supplies Miscellaneous Administrative Expense Cash Short and Over Cash July 31-Sale Cash Cash Short and Over Sales July 31-Petty cash Cash Petty Cash
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