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United Corporabon completed the following petty cash transactions during July and Aupust in 2014 : July 1 : Drew a $20000 cheque, cashed it, and

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United Corporabon completed the following petty cash transactions during July and Aupust in 2014 : July 1 : Drew a $20000 cheque, cashed it, and gave the proceeds and the petty cash box to Jack Tasker, the petty cashier. July 13. Paid $37.60 for postage expenses July 17 : Purchased office file folders, $44.55, to be used this month July 21 Reimbursed the manager tor business auto, $26.20 July 21 Paid $2945 for stamps July 31 J Jack Tasker sorted the petty cash receigts by accounts affected and exchanged them for a chequet to reinburse the fund for expenditures However, there was \$66 40 in cash in the furvt August 13: Paid $41.75 COD charges on merchandise purchased for resale (assume a perpetual inventory system) August 14 Reimbursed the manager for business auto, $4935. Augast 22. Paid \$34. 10 for postage experses August 31 Jack Tasker soried the petty cash receipts by accounts affected and exchanged them for a cheque to reimburse the fund for expenditures. However, there was only. $71.00 in cash in the fand Prepare three joumat entress one to estabesh the petty cash fund, the second to record the teimbursenient of the fund at the end of the first month, and the tast to record the rembursement of the fund at the end of the second month. Enter an appropriate description when entering the transactions in the journal. Dates must be entered in the format ddimmm (ie January 15 would be 15/ Jan)

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