Vaughn Company maintains a petty cash fund for small expenditures. The following transactions occurred over a 2-month period. July 1 15 31 Aug. 15 16 31 Established petty cash fund by writing a check on Scranton Bank for $220.00. Replenished the petty cash fund by writing a check for $215.10. On this date, the fund consisted of $4.90 in cash and these petty cash receipts: freight-out $95.00, entertainment expense $45.70, postage expense $42.70, and miscellaneous expense $30.10. Replenished the petty cash fund by writing a check for $205.20. At this date, the fund consisted of $14.80 in cash and the following petty cash receipts: freight-out $84.10, charitable contributions expense $46.60, postage expense $29.70, and miscellaneous expense $44.80. Replenished the petty cash fund by writing a check for $185.00. On this date, the fund consisted of $12.00 in cash and the following petty cash receipts: freight-out $78.10, entertainment expense $45.50, postage expense $33.40, and miscellaneous expense $35.80. Increased the amount of the petty cash fund to $310.00 by writing a check for $90.00. Replenished the petty cash fund by writing a check for $294.40. On this date, the fund consisted of $15.60 in cash and these petty cash receipts: postage expense $138.10, entertainment expense $95.50, and freight-out $59.30. Date Account Titles and Explanation July 1 Petty Cash July 15 V Postage Expense Entertainment Expense Miscellaneous Expense Cash Over and Short July 31 Debit Credit July 31 v Postage Expense Miscellaneous Expense 3000 Aug 15 Postage Expense Entertainment Expense Miscellaneous Expense Cash Over and Short Aug. 16 v Cash Over and Short Petty Cash Aug. 311 Postage Expense Travel Expense Cash Over and Short 0000 Post to the Petty Cash account. (Post entries in the order of journal entries presented in the previous part.) Petty Cash Date July 1 Explanation Ref Debit Credit Aug. 16 88 CP CP Balance 5000