Journalize the entries in march

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Reference no: EM13298677

Lincolnville Company uses an imprest petty cash system. The fund was established on March 1 with a balance of $100. During March the following petty cash receipts were found in the petty cash box.

3/5 Stamp inventory $39
3/7 Freight-out $21
3/9 Miscellaneous Expense $6
3/11 Travel Expense $24
3/14 Miscellaneous Expense $5

The fund was replenished on March 15 when the fund contained $3 in cash. On March 20, the amount in the fund was increased to $150.

Journalize the entries in March that pertain to the operation of the petty cash fund.

Reference no: EM13298677

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