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Prepare the entry to replenish the fund

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Question: Amanda's Designs established a $250 petty cash fund on October 1, 2020. Prepare the entry to replenish the fund at the end of each of the following months of activity:

- The petty cash box contained $28 on October 31 along with receipts for $125 for cleaning, $31 for postage, and $55 for delivery expense.

- On November 30, the petty cash box contained only two receipts, for a $93 computer repair and a $115 entertainment expense. The petty cash custodian counted cash remaining of $50.

- The petty cash box contained $24 on December 31 plus receipts for $48 for gas expense, $122 for office supplies, and $56 for entertainment expense. In addition to replenishing the fund, it was increased by $50.

Reference no: EM132743943

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