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Wright Co. set up a petty cash fund for payments of small amounts. The following transactions involving the petty cash fund occurred in May. May1Prepared

Wright Co. set up a petty cash fund for payments of small amounts. The following transactions involving the petty cash fund occurred in May.

May1Prepared a company check for $450 to establish the petty cash fund.May15Prepared a company check to replenish the fund for the following expenditures made since May 1.a. Paid $150 for janitorial services.b. Paid $113 for miscellaneous expenses.c. Paid postage expenses of $75.d. Paid $38 to Facebook for advertising expense.e. Counted $88 remaining in the petty cash box.May16Prepared a company check for $150 to increase the fund to $600.May31The petty cashier reports that $240 cash remains in the fund. A company check is drawn to replenish the fund for the following expenditures made since May 15.f. Paid postage expenses of $205.g. Reimbursed the office manager for business mileage, $103.h. Paid $34 to deliver merchandise to a customer, terms FOB destination.May31The company decides that the May 16 increase in the fund was too large. It reduces the fund by $120, leaving a total of $480.

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General General _ Impact on Prepare the journal entries for each of the petty cash transactions. View transaction list Journal entry worksheet Prepared a company check to replenish the fund for the following expenditures made since May 1: $150 for janitorial services; $113 for miscellaneous expenses; postage expenses of firs; and $38 to Faoehook for advertising expense. Counted $85 remaining in the petty cash box. Note: Enter debits before credits. Journal entry worksheet

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