Weygandt, Financial and Managerial, 3e Help System Announcements CALCULATOR PRINTER VERSION Problem 7-03A a-b (Part Level Submission) Sheridan 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 $210.00. 15 Replenished the petty cash fund by writing a check for $205.10. On this date, the fund consisted of $5 in cash and these petty cash receipts: freight-out $73.50, entertainment expense $36.50, postage expense $32.70, and miscellaneous expense $60.90. 16 Increased the amount of the petty cash fund to $430.00 by writing a check for $220.00. 31 Replenished the petty cash fund by writing a check for $312.00. On this date, the fund consisted of $118 in cash and these petty cash receipts: postage expense $144.00, entertainment expense $96.00, and freight-out $71.00. Your answer is partially correct. Try again. Journalize the petty cash transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in order presented in the problem. Round answers to 2 decimal places, c.0.52.75.) Date Account Titles and Explanation Credit Aug. 1 Petty Cash I Cash 210.00 Freight-out Entertainment Expense Postage Expense search 210 PM U1 CALCULATOR RCES Freight-Out 73.50 TEntertainment Expense Postage Expense ssion IN Miscellaneous Expense (Part Cash Over and Short (Part Cash 208.6 ission) Petty Cash DUHUHUDULHATATE Cash 220.00 Aug. 31 Testa Postage Expense TEntertainment Expense Freight-Out Cash Over and Short T cash e here to search