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Plenty Co Established a Petty Cash Fund of $150 on October

Question 164

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Plenty Co. established a petty cash fund of $150 on October 1. On October 10, the petty cash fund was reimbursed when there was $49 remaining and there were petty cash receipts for: office supplies, $47; transportation-in on inventory purchased, $32; and postage, $22. On October 15, the petty cash fund was decreased to $125 in total. Plenty Co. uses a perpetual inventory system. Record the above transactions in general journal form.

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