Petty cash fund
E-Z Productions established a petty cash fund of $650 on January 1. On January 28, the fund was replenished for the payments made to date as shown by the following petty cash vouchers: postage, $145; telephone expense, $62.80; repairs, $79.20; office supplies, $67.20; and miscellaneous expense, $56. Prepare journal entries in general journal form to record the establishment of the fund on January 1 and its replenishment on January 28.

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The Answer of Petty cash fund
E-Z Productions established a petty cash fund of $650 on January 1. On January 28, the fund was replenished for the payments made to date as shown by the following petty cash vouchers: postage, $145; telephone expense, $62.80; repairs, $79.20; office supplies, $67.20; and miscellaneous expense, $56. Prepare journal entries in general journal form to record the establishment of the fund on January 1 and its replenishment on January 28.

Petty Cash Fund E-Z Productions Established a Petty Cash Fund of $650 on of $650