Business, 10.08.2021 04:20 rustalex6045

Vaughn 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.
15 Replenished the petty cash fund by writing a check for $206.60. On this date, the fund consisted of $3.40 in cash and these petty cash receipts: freight-out $92.00, entertainment expense $46.20, postage expense $41.20, and miscellaneous expense $25.90.
16 Increased the amount of the petty cash fund to $310 by writing a check for $100.00.
31 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 $142.00, entertainment expense $96.10, and freight-out $54.60.

Required:
Journalize the petty cash transactions.

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Vaughn Company maintains a petty cash fund for small expenditures. These transactions occurred durin...

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