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View Policies Current Attempt in Progress Swifty Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of August. Aug.

View Policies Current Attempt in Progress Swifty Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of August. Aug. 1 Established the petty cash fund by writing a check payable to the petty cash custodian for $200. 15 16 FE 31 Replenished the petty cash fund by writing a check for $16.50. On this date, the fund consisted of $3.50 in cash and these petty cash receipts: freight-out $92.00, entertainment expense $45.70, postage expense $43.10, and miscellaneous expense $14.00. Increased the amount of the petty cash fund to $320 by writing a check for $120.00 Replenished the petty cash fund by writing a check for $303.30. On this date, the fund consisted of $16.70 in cash and. these petty cash receipts: postage expense $141.00, entertainment expense $94.80, and freight-out $66.00. (a) Post to the Petty Cash account. (Post entries in the order of journal entries presented in the previous pa 8/1 8/16 8/31. Bal eTextbook and Media List of Accounts Save for Later Petty Cash 200.00 8/1 120.00 8/16 200 76.5 320.00 8/31. Bal. # 276.5 Attempts: 1 of 3 us

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