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

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View Policies Current Attempt in Progress Vaughn Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of August. Aug. 1 15 Established the petty cash fund by writing a check payable to the petty cash custdian for $220. Replenished the petty cash tund 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, entertainment expense $45.70, postage expense $42.70, and miscellaneous expense $30.10 Increased the amount of the petty cash fund to $310 by writing a check for $90.00, Replenished the petty cash fund by writing a check for $294.50. On this date, the fund consisted of $15.60 in cash and these petty cash receipts: postage expense $138.10, entertainment expense $95.60, and freight-out $59.30. 16 31 Journalize the petty cash transactions. (List all debit entries before credit entries. Credit account titles are automatically Indented when amount is entered Do not indent manually. Round answers to 2 decimal places, e.g. 52.75.) Date Account Titles and Explanation AE Debit Credit Q Q ACO Date Account Titles and Explanation Debit Credit : I . e Textbook and Media List of Accounts Post to the Petty Cash account. Petty Cash eTextbook and Media List of Accounts

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