Journalize the entries to record the following:
June 1 Established a petty cash fund of $200
30 The amount of cash in the petty cash fund is now $57. The fund is replenished based on the following receipts: postage, $25; entertainment $100; miscellaneous $20.
Record any discrepancy in the cash short and over account.
Journal

Question

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The Answer of Journalize the entries to record the following:
June 1 Established a petty cash fund of $200
30 The amount of cash in the petty cash fund is now $57. The fund is replenished based on the following receipts: postage, $25; entertainment $100; miscellaneous $20.
Record any discrepancy in the cash short and over account.
Journal

Journalize the Entries to Record the Following