A company established a $400 petty cash.On October 15,there was $16 remaining in the petty cash fund on that date and there were petty cash receipts for travel expense,$39,delivery expense,$138,and office expenses,$214.The petty cash fund was replenished and increased to $1,000 in total.
Required:
Prepare the journal entry,if any,required,to record the replenishment of the petty cash fund and the increase in its amount on October 15.(If no entry is required for a transaction/event,select "No Journal Entry Required" in the first account field. )

Question

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The Answer of A company established a $400 petty cash.On October 15,there was $16 remaining in the petty cash fund on that date and there were petty cash receipts for travel expense,$39,delivery expense,$138,and office expenses,$214.The petty cash fund was replenished and increased to $1,000 in total.
Required:
Prepare the journal entry,if any,required,to record the replenishment of the petty cash fund and the increase in its amount on October 15.(If no entry is required for a transaction/event,select "No Journal Entry Required" in the first account field. )

A Company Established a $400 Petty Cash